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Two Chinese companies in Top 10 Brands
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China Daily > HomePage
A new ranking of the world's 100 most valuable brands for the first time includes two Chinese companies in the top 10: Tencent, which was in the top 10 last year, and now Alibaba.
Chinese internet giant Tencent is a major player in apps, messaging and online gaming.
Eight of the top 10 brands this year are technology or tech-related.
In 2006, the full list of 100 companies only included one Chinese company-China Mobile - it now has 14.
The top 10 of those companies grew in value by 47 percent over the last year, a rate that's more than double of that enjoyed by the big US brands.