According to a brand evaluation released in May 2024, TikTok and its Chinese sister Douyin overtook China's state-owned commercial bank ICBC to be the most valuable Chinese brand. The short video giant saw 28 percent growth in its brand value to 84 billion U.S. dollars. ICBC recorded a modest three percent increase.
Annual growth rate in brand value among the leading ten Chinese brands in 2024
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Brand Finance. (May 8, 2024). Annual growth rate in brand value among the leading ten Chinese brands in 2024 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/858435/china-leading-brand-value-annual-growth/
Brand Finance. "Annual growth rate in brand value among the leading ten Chinese brands in 2024." Chart. May 8, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/858435/china-leading-brand-value-annual-growth/
Brand Finance. (2024). Annual growth rate in brand value among the leading ten Chinese brands in 2024. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/858435/china-leading-brand-value-annual-growth/
Brand Finance. "Annual Growth Rate in Brand Value among The Leading Ten Chinese Brands in 2024." Statista, Statista Inc., 8 May 2024, https://www.statista.com/statistics/858435/china-leading-brand-value-annual-growth/
Brand Finance, Annual growth rate in brand value among the leading ten Chinese brands in 2024 Statista, https://www.statista.com/statistics/858435/china-leading-brand-value-annual-growth/ (last visited November 21, 2024)
Annual growth rate in brand value among the leading ten Chinese brands in 2024 [Graph], Brand Finance, May 8, 2024. [Online]. Available: https://www.statista.com/statistics/858435/china-leading-brand-value-annual-growth/