The eCommerce Giant, Amazon has managed to reach the top position as the world’s most valuable brand. Reports claim that Amazon recorded almost 42 percent year-on-year increase in its brand value, crunching the numbers to a mountainous $150.8 billion.
Amazon Beats Apple & Google To Become The “World’s Most Valuable Brand”
After becoming the world’s richest man last year, Amazon CEO Jeff Bezos bags another big achievement. This time his company beats Apple and Google to reach the top position as the world’s most valuable brand.
The eCommerce Giant, Amazon has managed to reach the top position as the world’s most valuable brand and taken the crown away from the search giant Google. Well, the search giant Google dropped to the third place below google.
Reports claim that Amazon recorded almost 42 percent year-on-year increase in its brand value, crunching the numbers to a mountainous $150.8 billion. Well, previous year Amazon jumped into brick and mortar retail business after the last year’s takeover of Whole Foods for $13.7 billion.
Well, the second in the list of the most valuable brand is Apple which is not far from Amazon with its brand value of $146.3 billion. Apple has recorded the growth of 37% since last year possibly because of iPhone X.
Well, Google which is now in the third position has shown a 10% rise and currently holds a brand value of $120.9 billion. Here’s the list of top 10 lists of world’s most valuable brand.
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