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Chinese tech names among the fastest growing valuable brands in the world but US companies still dominate
Tencent was No 5 on the list with a brand valuation of US$241bil, while e-commerce giant Alibaba fell to seventh with a valuation of US$197bil. Of the five brands in the top 100 that more than doubled their value in the past year, four are Chinese companies, alongside Tesla.
BEIJING (China Daily/ANN): A total of 18 brands from China made the cut for the Kantar BrandZ Most Valuable Global Brands 2021 ranking featuring 100 brands from around the world, making China the second most represented country after the US and extending its lead over Europe, according to Kantar on Monday (June 21).