A new list of the world's most expensive brands has been published. In the top 10 list published by 'Brand's', China-based Internet company Tencent and e-Commerce giant Alibaba has made it to the top ten. News CNN Money Brand's is a leading research agency run by Millward Brown and WPP. In the list of the world's most expensive brands, Alibaba has emerged as the top ten for the first time. Jack Ma-controlled company has ranked ninth in the list. In the last one year, its brand value has almost doubled to 11 billion and 300 billion dollars. As well as e-commerce, mobile branding and mobile computing technology has led to the brand value hikes due to business tightening.For the first time in ten years, the brand has made the top ten in the list of the most expensive brands in the brand. However, the company's position in the new published list has become stronger. Tencent is the fifth position in the brand new list. Microsoft, Apple, Amazon and software companies, the brand-priced American technology company, is at Microsoft's next position. The brand value of tencent has reached $ 17 billion and more than 65 percent more than last year. The company has been able to put Facebook behind social media.
Tencent is China's largest Internet company, which is strengthening business in online gaming, apps, instant messaging services and online payment services. The market capitalization of this organization reached $ 49 billion. From the market capitalization, the company's largest bank, JP Morgan Chase (JPM), has been behind. At the end of the top ten on the brand's list, US telecommunications company AT & TBrand's chief Doreen Wang said Tencent and Alibaba are pushing for the expansion of global operations as well as the global market. In spite of China's strict control, these two organizations are progressing to become the global powerhouse, which is the brand's latest list.He said that the challenges that Chinese companies have to face in business expansion are not small at all. Brand awareness is a very important issue in the world market. Consumers believe that some of the brand's brands are trusted. In this case, the Chinese brands have to go ahead by ignoring various obstacles. These brands have to be allocated large proportion of global campaigns. But competing American brands do not have to face such obstacles. But the young consumers of technology are creating opportunities for Chinese brands and entrepreneurs.
Doreen Wang said, consumers' attitude is changing. Chinese brands, especially among young consumers, are becoming popular. Although these brand activities in the US market are still in the initial stage. But in other parts of the world the domination of Chinese brands is increasing.For years, Chinese e-commerce company Alibaba has been strengthening the global operations In the countries of Brazil, Chile and Latin America, its online marketplace Aliexpress has already been able to dominate domination. In the process, the organization is moving forward to become the top e-commerce platform. Alibaba also has a strong presence in countries like Israel, Spain and South Korea.On the other hand, Tencent has already received major recognition in South Asian markets like Thailand and Singapore. The company's chief executive officer (Huawei) Ma Huataeng has already reached the list of the world's richest people with $ 4,771 billion worth of assets.Google has held the top position in the list of the world's most expensive companies in the past 12 years, eight years in the past 12 years. Today's brand value has reached $ 30 billion, which is 23 percent more than last year.