Most valuable brands 2020: Huawei enters the top 10 list for the first time
Recently, Brand Finance finally published its latest 2020 edition of the Global 500 report. The report consists of the top 500 global companies on the basis of their brand value. Well, here is the list of the top 10 most valuable brands of the year 2020. For the third year in a row, Amazon has topped the chart with a valuation of $220.7 billion. The e-commerce giant has witnessed 17.5% of growth as compared to the last year. It is also worth mentioning that this is the very first time that a company has surpassed the $200 billion mark.
Google, this time, managed to bag the second place with a $159.7 billion valuation. This means that the search engine giant has seen an improvement of 11.9 percent. It seems like things are not looking good for the Cupertino-based company. In fact, Apple’s brand valuation has dropped from $153.6 billion to $140.5 billion – an 8.5% decline – leading to third place. You can find the entire list along with the brand valuation below.
Top 10 most valuable brands in 2020 are as follows:
Amazon – $220.7 billion (17.5% improvement)
Google – $159.7 billion (11.9% improvement)
Apple – $153.6 billion (8.5% decline)
Microsoft – $117.0 billion (2.1% decline)
Samsung – $94.4 billion (3.5% improvement)
ICBC – $80.7 billion (1.2% improvement)
Facebook – $79.8 billion (4.1% decline)
Walmart – $77.5 billion (14.2% improvement)
Ping An – $69.0 billion (19.8% improvement)
Huawei – $62.2 billion (4.5% improvement).
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