Similar to last year’s report by BrandZ, Tencent’s brand value continues to surge ahead of other massive tech giant’s, including Facebook and Samsung. The China tech giant, well-known for its QQ Messenger, Tencent Games portal and WeChat mobile app, jumped 7 places from last year.
According to Tencent’s 2014 first quarter results, the company announced an operating profit of over USD 1 billion, a massive increase of 64% compared to the previous quarter. Financial Times UK recently profiled Tencent’s brand value as well, with the rankings simimlar to BrandZ’s.