US brands together with Amazon, Apple and Google are currently main the way, however according to a current file, Chinese brands are slowly rising to the Top Rank. And pushed many European corporations returned to the lowest of the desk.
According to a Reuters document released on June 22, 2021, international brand studies and evaluation firm Kantar's BrandZ has found out that Chinese groups are elevating market prices, giving them a danger to attain out. Leg as much as the top of the desk.
According to Kantar's BrandZ record, the Amazon logo is presently really worth $ 684 billion, whilst Apple is well worth $ 612 billion and Google is really worth $ 458 billion.
Graham Staplehurst, Kantar's BrandZ Global Strategy Manager, said that the brand has been gaining traction and cost over time, consisting of Tencent, a main social media and video game company. China has moved as much as fifth region, at the same time as Alibaba is 6th.
Mr. Graham Staplehurst said that the purpose why most Chinese brands nowadays boom the market value is due to the fact their era is excellent and meets the wishes of the home and worldwide market nicely, this is why their popularity They spread everywhere in the net online.
According to Kantar's BrandZ record, the listing of Chinese corporations is now regularly growing to the top, with 14% of Chinese companies being indexed inside the pinnacle a hundred in 2021. The maximum highly-priced inside the international, at the same time as European organizations are best 8%.
Graham Staplehurst also added that inside the close to destiny, Chinese brands can be on the pinnacle of the list, with greater than 5 Chinese companies moving up the ranks. Below 100 stand among 20 and 30.
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