Amazon is the most valuable brand in the world

In Corporate
June 12, 2019
A

Amazon has become the most valuable brand in the world. It is now worth $ 315 billion, an outstanding 52 percents more than last year. As a result, the company is rising from third to first place on the BrandZ list of Kantar research agency. That praises the smart acquisitions and the extensive offer of the company of Jeff Bezos.

Google, the leader last year, has dropped to third place with a brand value of $ 309 billion. Apple, which is worth $ 309.5 billion, has remained second. Microsoft is fourth, Facebook sixth. Payment company Visa (5th place) stands between these two tech giants. Alibaba is for the first time the most valuable company from China.

Tech companies are the fastest risers in the top hundred. Netflix rose from 61 to 34, YouTube from 51 to 39, Instagram from 91 to 44, Adobe from 75 to 45, Salesforce from 78 to 46 and Uber from 81 to 53. Newcomers on the list include taxi app Didi, smartphone maker Xiaomi and game console Xbox.

By: Leah Kunze

Leah Kunze just graduated MBA and is proud of it. She is interested in automotive industry and innovations. She well be glad to receive a mail to leah.kunze@economicinform.com

Add comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Read more

1 day ago

Rising costs and intense competition led BCC to bankruptcy

2 Min read
Add comment
22September

The administrators of BCC have filed for bankruptcy. Due to increasing costs and customer cutbacks, the curtain is now falling for the electronics retail chain. The administrators of BCC informed the employees on Thursday morning that they have applied for bankruptcy for the electronics retail chain. BCC had already been granted a suspension of payments last week, and bankruptcy often follows...

4 weeks ago

Ripple Vs. SEC: the saga isn’t over yet

3 Min read
Add comment
25August

In the ongoing legal saga between Ripple Labs and the US Securities and Exchange Commission (SEC), Judge Analisa Torres has made critical announcements regarding the upcoming trial dates and associated deadlines. Upcoming Deadlines for Ripple Vs. SEC In a filing on August 9th with the US District Court for the Southern District of New York, Judge Torres expressed her intention to proceed with a...

1 month ago

Philips sold over 12 percents to Agnelli family

4 Min read
Add comment
18August

Exor, the investment fund owned 53% by the Italian Agnelli family (Fiat), initially purchased nearly 3% of Philips, and last Sunday, through an investment bank, acquired over 12%. It’s a noteworthy transaction, particularly from Exor’s perspective. The deal itself was a swift move, as spokespeople from Philips and Exor have indicated: “On Sunday, Exor signed the agreement with...

2 months ago

Apple Reports Decline in iPhone, Mac, and iPad Sales

2 Min read
Add comment
04August

Apple sold fewer iPhones, Macs, and iPads in the last quarter, leading to a decline in the company’s total revenue for the third consecutive quarter. However, there was a bright spot for Apple in the sales of digital products, such as subscriptions to Apple Music and iCloud. Particularly disappointing was the iPhone sales, which were over 2 percent lower compared to the same quarter last...

By Oliver I. Kjeldsen June 12, 2019
Add comment

Recent Posts

Categories

About us

EconomicInform, EconomicInform.com is a product of EconomicInform LLC. We sincerely believe that economics is one of the most interesting and most underappreciated – in terms of getting some enjoyment out of reading the subject articles – sciences. More on that - at the link. Feel free to drop us a line.