A cyclist rides past Tencent company's headquarters in Shenzhen, China. The company ranks No 5 on the list of most valuable brands in the world. Photo: Bloomberg
Chinese tech names among the fastest growing valuable brands in the world but Amazon, Apple still dominate
- Tencent was No 5 on the list with a brand valuation of US$241 billion, while e-commerce giant Alibaba fell to seventh with a valuation of US$197 billion
- Of the five brands in the top 100 that more than doubled their value in the past year, four are Chinese companies, alongside Tesla
A cyclist rides past Tencent company's headquarters in Shenzhen, China. The company ranks No 5 on the list of most valuable brands in the world. Photo: Bloomberg
