The present disclosure provides a light-emitting device, a manufacturing method thereof, and a display device. The light-emitting device includes an anode, a cathode, a light-emitting layer between the anode and the cathode, and a hole transport layer between the anode and the light-emitting layer. The hole transport layer includes a first compound and a second compound, and an absolute value of an energy level of the highest occupied molecular orbital of the second compound is greater than or equal to 5 eV and less than or equal to 6.5 eV.