Chinese firms dominate new entrants in world's 100 most valuable brands

Representative (R) of the Alibaba Group receives the Most Valuable Chinese Brand award during the launching event of BrandZ Top 100 Most Valuable Global Brands 2019 held in New York, the United States, June 11, 2019. China's e-commerce giant Alibaba and tech leader Tencent are among the world's 10 most valuable brands, according to the 2019 BrandZ Top 100 Most Valuable Global Brands report released by global communication services provider WPP and brand consultancy Kantar Millward Brown. The Chinese brands debuting on this year's top 100 list include Didi Chuxing, a car sharing platform; Meituan, an online-to-offline services provider; the smartphone Xiaomi; and Haier, a home appliance ecosystem brand. (Xinhua/Wang Ying)