GUANGZHOU, China, Aug. 19, 2024 /PRNewswire/ -- The 18th China
Brand Festival was held during August
7th-10th, 2024 in Guangzhou. The theme of this brand
festival is "New Quality and Breakthrough". More than 8,000 guests
gathered in the business capital over a millennium, to participate
in parallel forums, brand expositions, entrepreneurial sports
events, brand leader meetings and various activities. Nearly 3,000
people have attended the opening ceremony.
During this period, the "TopBrand 2024 Top 500 Global
Brands List" was unveiled by the TopBrand Union. This List was
released for the third time: Apple ranked as defending champion
with a brand value of $1021.728
billion; Microsoft and Amazon ranked second and third with a
brand value of $966.932 billion and
$808.415 billion, respectively;
Nvidia rose from 8th to 4th, with a brand value of $804.279 billion; Alphabet, Saudi Aramco,
Walmart, Berkshire Hathaway, Meta, and UnitedHealth Group ranked
5th-10th.
In terms of countries, the United
States has the largest number of companies (187) on the
list, accounting for 37.4% with a total brand value of $16.80 trillion. The Top 10 brands are all
American brands except for Saudi Aramco, and ExxonMobil, JPMorgan
Chase, Eli Lilly, Costco, and Tesla have also entered the Top
20.
China, the runner-up, has 99
companies on the list with a total brand value of $6.29 trillion. Among them: Sinopec ranked 12th
with a brand value of $289.77
billion, followed by PetroChina, State Grid, and TSMC,
ranking 13th-15th; the Top 50 also included technology companies
such as Tencent, Huawei, and
Alibaba.
Japan has ranked third with its
37 companies at a total brand value of $1.68
trillion. Among them: Toyota has ranked 15th with a value of
$222.470 billion, Mitsubishi
Corporation and Honda have also entered the Top 100, and Sony,
Hitachi and SoftBank are on the list among others.
In addition, France has 25
companies such as LVMH Group, AXA, and L'Oréal, among which:
TotalEnergies has the highest brand value; 24 British companies are
on the list, with Shell, BP, and AstraZeneca entering the Top 100;
22 German companies are listed with solid performance from
Volkswagen, BMW, Siemens, etc.; India has 13 companies such as Reliance
Industries Limited on the list; Australia has 6 listed enterprises such as BHP
Billiton.
In terms of industry, the medical and pharmaceutical field
represented by Eli Lilly, CVS, Novo Nordisk has taken the lead,
ranking first with 41 companies; the science and technology field
has ranked second with 40 companies; the energy field and banking
field are both the second runner-ups with 35 companies.
According to Dr. Wang Yong,
founder and chairman of the China Brand Festival and chairman of
the TopBrand Union, the List takes 43,590 brands from 83 countries
and regions around the world as the research sample and measures
the brand value based on the market value method from the
dimensions of revenue scale, premium ability, internationalization
degree, team building, reputation, and core competitiveness.
Lists such as "TopBrand 2024 Top 500 Chinese Brands" and
"TopBrand 2024 Top 500 Chinese Innovative Brands" were released
meanwhile.
Contact: Jing Li
Tel: 0086-18210045967
E-mail: lijing@brandcn.com
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