Chinese social networks coming up fast

With the increasing number of Chinese netizens and their growing appetite for online networks, China is taking over that space with three of the country's social networks among the world's largest, said a report from Business Insider, a United States-based business and technology website.

According to the report, Qzone, a social network launched by Internet giant Tencent Holdings Ltd, Sina Weibo, one of China's most popular micro-blogging sites, and WeChat, a mobile chat app from Tencent, ranked third, fourth and 10th, respectively, in the list of the world's largest social networks.

The list, which was released on Tuesday, compared the world's most popular social networks and generated a ranking based on their reported or estimated number of monthly active users.