Tencent, a primary global source for wide-ranging Internet services besides being the company behind the WeChat app, went on to govern top position as the fastest riser in the fiscal 2014 Top 100 Most Valuable Global Brands survey piloted courtesy; Millwardbrown, a top brand research firm. Tencent’s brand value has practically doubled up to rank 14th, increasing 97 per cent from the previous year. By way of a brand value totaling $53,615m, Tencent is at the moment, the most valuable Asian and Chinese brand globally besides remaining the highest valued brand outside of the US.
Tencent’s top rising position drives home the fact that- the solid global force of social networking has arrived, pasting contending social media presence, namely Facebook in the second place. Largely, just under a fifth of the top 100 brands exist in the technology space, accounting for all of the topmost 10 positions in most valuable brands, worldwide.