Orianna Rosa Royle
Jan 23, 2020

Amazon becomes first to pass $200bn brand valuation

Tech giant is world's most valuable brand for third year running.

Bezos: founder of Amazon
Bezos: founder of Amazon

Amazon has made history by becoming the first brand to exceed a $200 billion valuation mark in Brand Finance's Global 500 list of most valuable brands.

The brand value of the online behemoth, led by Jeff Bezos, increased 17.5% to $220.8 billion, retaining its top spot as the world’s most valuable brand for a third consecutive year.

Tech brands snapped up all top five spots. Google, whose value shot up by 11.9% to $159.7 billion, overtook Apple to claim second place, although it was still behind Amazon by more than $60 billion.

Apple’s value, meanwhile, dropped 8.5% to $140.5 billion, taking the iPhone-maker from second to third place.

Retaining fourth and fifth places respectively, Microsoft's brand value was down 2.1% to $117.1 billion, while Samsung’s value increased by 3.5% to $94.5 billion.

The highest-ranked British brand is EY, one of the "big four" professional services companies – up one spot from last year to 66th, with a 2.1% increase in brand value to $23.7 billion. Shell, considered a British-Dutch company but ranked as Dutch in Brand Finance's league, came 23rd with a value of $47.5 billion, up 12.3% year on year. 

David Haigh, chief executive of Brand Finance, commented: "The disruptor of the entire retail ecosystem, the brand that boasts the highest brand value ever, Amazon continues to impress across imperishable consumer truths: value, convenience and choice. 

"Today, Amazon’s situation seems more than comfortable, but what will the roaring 20s hold in store?"

A far cry from Amazon’s success is online marketplace eBay, ranking 234th place. Its brand value has continued to plummet, falling 9% to $8.2 billion, as Amazon has branched out from retail to cloud computing, artificial intelligence and digital streaming.

Brand Finance's top 10 includes two other leading tech brands: Facebook (seventh) and Huawei (10th).

The ranking uses factors including marketing investment, familiarity, loyalty, staff satisfaction and corporate reputation to produce a financial measure of how much value a brand contributes to its owner.

Source:
Campaign UK
Tags

Related Articles

Just Published

4 hours ago

Vietnamese American astronaut activist makes leaps ...

E.l.f. Beauty partnered with Amanda Nguyen, the first Vietnamese and Southeast Asian woman astronaut to go to space, for its ‘Show Your(s)e.l.f.’ series.

4 hours ago

UK competition watchdog to investigate Google’s ...

The Investigation aims to assess whether Google's services deliver favourable outcomes for people and businesses.

5 hours ago

Publicis Groupe unites Leo Burnett and Publicis ...

The network includes 15,000 people across 90 countries.

14 hours ago

Publicis China CCOs on creativity in a hyper-speed ...

"When you live in China, you have to be constantly on the tip of your toes because of how dynamic it is," say Publicis Creative chiefs Kelly Pon and Tian It Ng, who share their thoughts on China’s global creative ambitions and more.