GUANGZHOUChina , 19 August 2024 /PRNewswire/ — The 18th China Brand Festival took place during 7-10 August 2024 in Guangzhou. The theme of this brand festival is “New Quality and Breakthrough”. More than 8,000 guests gathered in the economic capital for over a millennium to participate in parallel forums, brand exhibitions, entrepreneurial sports events, brand leaders’ meetings and various activities. Nearly 3,000 people attended the opening ceremony.

During this period, the TopBrand 2024 Top 500 Global Brands List was presented by the TopBrand Union. This list was published for the third time: Apple took the title as defending champion with a brand value of 1021.728 billion US dollars; Microsoft and Amazon ranked with a brand value of 966.932 billion US dollars And 808.415 billion US dollars; Nvidia rose from 8th place to 4th place with a brand value of 804.279 billion US dollars; Alphabet, Saudi Aramco, Walmart, Berkshire Hathaway, Meta and UnitedHealth Group rank 5th to 10th.

As for the countries, the United States has the largest number of companies (187) on the list, accounting for 37.4% and a total brand value of 16.80 trillion US dollarsWith the exception of Saudi Aramco, the top 10 brands are all American brands. ExxonMobil, JPMorgan Chase, Eli Lilly, Costco and Tesla also made it into the top 20.

Chinathe runner-up, has 99 companies on the list with a total brand value of 6.29 trillion US dollarsAmong them: Sinopec ranked 12th with a brand value of 289.77 billion US dollarsfollowed by PetroChina, State Grid and TSMC in positions 13 to 15; the top 50 also included technology companies such as TencentHuawei and Alibaba.

Japan ranks third with its 37 companies with a total brand value of 1.68 trillion US dollars. Among them: Toyota ranks 15th with a value of 222.470 billion US dollarsMitsubishi Corporation and Honda also made it into the top 100, and Sony, Hitachi and SoftBank are among those on the list.

Additionally, France includes 25 companies such as LVMH Group, AXA and L’Oréal, including: 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, including Volkswagen, BMW, Siemens, etc.; India has 13 companies like Reliance Industries Limited on the list; Australia has 6 listed companies such as BHP Billiton.

In terms of industry, the medical and pharmaceutical sector, represented by Eli Lilly, CVS and Novo Nordisk, took the lead with 41 companies; the science and technology sector came second with 40 companies; the energy sector and the banking sector came second with 35 companies each.

According to Dr. Wang YongFounder and Chairman of China Brand Festival and Chairman of TopBrand Union. The list uses 43,590 brands from 83 countries and regions around the world as a research sample and measures brand value based on the market value method through the dimensions of sales scale, premium capability, internationalization degree, team building, reputation and core competitiveness.

In the meantime, lists such as “TopBrand 2024 Top 500 Chinese Brands” and “TopBrand 2024 Top 500 Chinese Innovative Brands” have been published.

Contact: Jing-Li
Phone: 0086-18210045967
E-mail: (email protected)

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