China Internet Watch https://www.chinainternetwatch.com China Internet Stats, Trends, Insights Thu, 13 May 2021 11:49:34 +0000 en-US hourly 1 https://www.chinainternetwatch.com/wp-content/uploads/cropped-ciw-logo-2019-v1b-80x80.png China Internet Watch https://www.chinainternetwatch.com 32 32 Top 500 Chinese brands in 2021; WeChat is China’s and the world’s strongest brand https://www.chinainternetwatch.com/31644/brand-finance-global-500/ Thu, 13 May 2021 11:30:59 +0000 https://www.chinainternetwatch.com/?p=31644 Chinese brands show resilience as the total value of the top 500 brands in China remains stable at US$1.94 trillion in 2021, according to the latest Brand Finance China 500 ranking.

The Greater Bay Area is home to more top brands than any other region in China with 134 brands represented in the ranking.

The banking sector dominates with 85 brands accounting for 22% of total brand value in ranking, with ICBC once again crowned China’s most valuable brand.

Leading fight against health emergency, pharma sector sees greatest brand value increase, up staggering 123%. Leading the way as the sector’s most valuable brand is Sinopharm, which has recorded a 58% brand value increase to US$3.2 billion.

Retail is the second most valuable sector – with 17 brands featuring and accounting for 10% of the total brand value – and also the second-fastest-growing sector, recording a cumulative brand value growth of 54%.

The top four Chinese e-commerce brands – Taobao, Tmall, Alibaba.com, and JD.com – have all seen significant brand value growth. Taobao (brand value US$53.3 billion) and Tmall (brand value US$49.2 billion) have entered the top 10 for the first time following 44% and 60% brand value increases, respectively.

Alibaba.com’s brand value has been boosted by 108% to US$39.2 billion, simultaneously propelling the brand from 22nd to 13th – a result of a huge spike in demand. JD.com enjoyed an 82% brand value increase to US$23.5 billion, following a 30% rise in its annual shopper count.

Pinduoduo is the fastest growing brand in China, up 148% to US$6.3 billion and jumping 60 places in the ranking to 63rd. Read about Pinduoduo’s road to brand upgrade.

Perseverance of brands in investment and infrastructure development pays off – solid performances across real estate and engineering & construction sectors.

Media sector surges 33%.

  • WeChat is China’s and the world’s strongest brand with a top score of 95.4 out of 100 and AAA+ brand strength rating.
  • TikTok/Douyin (brand value US$18.7 billion), has taken the 24th spot as the highest new entrant.
  • Bilibili up 106% to US$1.9 billion

Top 500 Chinese Brands in 2021

wdt_ID Rank 2021 Rank 2020 Brand
1 1 1 ICBC
2 2 7 WeChat
3 3 4 China Construction Bank
4 4 10 Tencent
5 5 3 Huawei
6 6 5 State Grid
7 7 2 Ping An
8 8 13 Taobao
9 9 6 Agricultural Bank Of China
10 10 15 Tmall

Members can download the list here (Excel; annual and CIW Premium subscribers).

Top Global Brands 2021

US and Chinese brands account for two-thirds of the total brand value of the world’s 500 most valuable brands, according to the latest report by Brand Finance – a brand valuation consultancy.

US brands boast a cumulative brand value of a staggering US$3.3 trillion, equating to 46% of the total brand value in the ranking. Chinese brands’ total brand value is US$1.4 trillion, equating to 20%.

Apple has overtaken Amazon and Google to reclaim the title of the world’s most valuable brand for the first time since 2016 with an impressive 87% brand value increase to US$263.4 billion and.

  • Tesla leaves traditional auto marques behind with the fastest brand value growth in ranking, up 158%
    CBS is the fasting-falling brand in ranking, down 49%
  • Airline and aerospace sectors account for 6 out of 10 fastest-falling brands in the ranking
  • Hospitality suffers from travel and dining restrictions, as Marriott and Airbnb check out from ranking and Starbucks, McDonald’s, and KFC see brand values drop
  • Mastercard’s Ajay Banga best among top 100 CEOs in Brand Finance Brand Guardianship Index 2021

Top 100 best Chinese brands, led by Alibaba and Tencent

]]>
Alibaba B2B platform GMV up 80% in the first half of 2020 https://www.chinainternetwatch.com/30998/alibaba-b2b/ Wed, 29 Jul 2020 12:03:05 +0000 https://www.chinainternetwatch.com/?p=30998

Alibaba Group’ international B2B platform Alibaba.com transacted 80% more in the first half of 2020 compared with a year earlier.

Orders placed on Alibaba.com nearly doubled (+98%) in the six months ended June 2020 while the number of paying buyers increased by 60%, according to data Alibaba.com released last week.

Transactions surged as the coronavirus epidemic sparked a rush to online shopping around the world.

In the same period, China’s cross-border e-commerce trade rose 26% while the value of foreign trade fell 3.2%, according to figures published earlier by the General Administration of Customs.

In the first half of the year, there were 70 countries and regions with a year-on-year transaction value growth of more than 100% on Alibaba.com.

The US, the UK, and Germany are the top three contributors to Alibaba.com’s transaction volume, with the growth of 91% for the US, 117% for the UK, and 107% for Germany. Its sites in 68 countries and regions saw growth more th...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>