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. — SCMP

Tencent Holdings and Alibaba Group Holding are among the top 10 most valuable brands in the world as Chinese consumer Internet companies continue to mature despite antitrust scrutiny and intense competition at home.

Kantar, a London-based data and consulting company, published its annual BrandZ report on June 21, evaluating 18,500 brands in 51 markets around the world, ranking the top 100 using a calculation based on the financial value of the parent company and the ability of the brand to grow sales.

Get 30% off with our ads free Premium Plan

Monthly Plan

RM9.73/month

Annual Plan

RM8.63/month

Billed as RM103.60/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Messenger app Signal now lets you find people by name, not number
Review: ‘Helldivers 2’ accomplishes what bigger-name games couldn’t
Court says EU must pay a fraction of legal fees sought by Qualcomm
X, ByteDance, Booking.com could face tough EU rules
What are the credible alternatives to ChatGPT?
This AI tool is capable of generating a video game from a simple image
Surge in Wendy’s complaints exposes limits to consumer tolerance of unstable prices
This smart glove can teach you to master new skills
Super Micro surges as AI server maker set to join S&P 500
Nvidia CEO says AI could pass human tests in five years

Others Also Read