MASB

TikTok Named World's Fastest-Growing Brand by Brand Finance Global 500 2022 Report

Retrieved on: 
Wednesday, January 26, 2022

DALLAS, Jan. 26, 2022 /PRNewswire/ -- TikTokhas been named the world's fastest-growing brand by a new report published today.

Key Points: 
  • DALLAS, Jan. 26, 2022 /PRNewswire/ -- TikTokhas been named the world's fastest-growing brand by a new report published today.
  • Claiming 18th spot among the world's top 500 most valuable brands, it is the highest new entrant to the Brand Finance Global 500 2022 ranking.
  • The world's top 500 most valuable and strongest brands are included in the annual Brand Finance Global 500 ranking now in its 16th year and the United States' top 500 most valuable and strongest brands are included in the Brand Finance US 500 ranking .
  • Breaking the results down to country level, brands from the United States and China continue to dominate the Brand Finance Global 500 .

TikTok Named World's Fastest-Growing Brand by Brand Finance Global 500 2022 Report

Retrieved on: 
Wednesday, January 26, 2022

LONDON, Jan. 26, 2022 /PRNewswire/ -- TikTok has been named the world's fastest-growing brand by a new report published today. With an astounding 215% growth, the entertainment app's brand value has increased from US$18.7 billion in 2021 to US$59.0 billion this year. Claiming 18th spot among the world's top 500 most valuable brands, it is the highest new entrant to the Brand Finance Global 500 2022 ranking.

Key Points: 
  • Claiming 18th spot among the world's top 500 most valuable brands, it is the highest new entrant to the Brand Finance Global 500 2022 ranking.
  • The world's top 500 most valuable and strongest brands are included in the annual Brand Finance Global 500 ranking now in its 16th year.
  • Applehas retained the title of the world's most valuable brand following a 35% increase to US$355.1 billion the highest brand value on record.
  • Brands from the United States and China continue to dominate the Brand Finance Global 500 .