News: Amazon Become World’s Most Valuable Brand Surpasses Apple & Google
News: Amazon Become World’s Most Valuable Brand Surpasses Apple & Google

News: Amazon Become World’s Most Valuable Brand Surpasses Apple & Google

Amazon Become World’s Most Valuable Brand Surpasses Apple & Google. According to BrandZ’s top 100 most valuable brands for 2019, Amazon has surpassed Apple and Google to become the world’s most valuable brand.

Amazon experienced massive growth from 2018 to 2019, adding 52 percent to its value, which is currently $315.5 billion.

“It’s doubtful that any of us predicted that this company would sell so much more online, transforming retail—and other categories—in just a couple of decades,” said David Roth, CEO of The Store WPP, when speaking on this year’s ranking. “I’m sure that none of us imagined that the founder would create other businesses, including one to launch tourists into space…Amazon is a serial disruptor.”

While best known for its e-commerce business, Amazon has consistently diversified its portfolio, as it is now a frontrunner in Cloud computing and home hardware. The company has also invested in other businesses including an electric truck startup called Rivian and UK food delivery company Deliveroo.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s