brand building

10c > $500,000,000 (Tencent to half a trillion dollars)

Surpassing Facebook to become the first Chinese stock to to enter the top six global listed stocks with a market capitalisation of over 500 billion. On 20 November, Tencent (SEHK: 700) attained a valuation of USD 522 billion.

Founded in 1998, Tencent released the WeChat mobile app in January 2011. WeChat is now almost ubiquitous in China, used by nearly a billion people to connect, message and make payments via their smartphones. Increasingly brands are using WeChat to promote products and services. Over the past five years, Tencent’s market capitalisation has increased nearly 900%.

Of the top ten stocks by market capitalisation, seven are tech stocks, eight are American, five are less than 25 years old, two are from the nineteenth century and only one (JPMorgan Chase) was founded in the eighteenth century.

Two of the top ten are Chinese, with Alibaba (NYSE: BABA) rapidly approaching entry into the exclusive $500 Billion Club.

top ten stocks by market capitalisation (PDF 37 Kb)

The massive evolutions in the stock market, correlate the impact of Internet technology to the dramatic changes wrought by the mechanical revolution of railroads and John D Rockefeller’s Standard Oil, a century earlier.

Blue-chip stocks include many banking, finance, oil & gas, beverage, and telecom brands, but the dominance and scale of tech stocks is indisputable.

With zero resemblance to a tech ‘bubble, these top seven brands have extraordinary consumer market penetration.

After the current digital revolution, the next wave is most likely to be Artificial intelligence (AI). In 2016, the AI market was worth just $644 million, according to Tractica. This year, that amount will nearly double and continue to grow exponentially

To encapsulate this constant evolution, we can go way beyond 1965 and Gordon Moore’s practical formula (Moore’s Law), to a statement by the Greek Philosopher, Heraclitus of Ephesus (c. 500 BCE), who wrote “the only constant in life, is change“.

 

For more on the digital revolution, read Twenty years of change (1996-2016)


Digital Tsunami
was founded in Hong Kong in 1996. The company name and brandline ‘Communications Evolution’ were selected (unapologetically confrontingly), to convey the immense and comprehensive impact which digital technology was expected to deliver. For over twenty years, Digital Tsunami has consulted to global brands, MNCs and SMEs on digital strategy and content solutions.



Sources
:
Statista
Dogs of the Dow
The Motley Fool
Tractica

From Our Clients

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Since 2003, Digital Tsunami has collaborated with Personal Broadband Australia to deliver many online solutions, including the latest www.pba.com.au site.

Central to the development process is Digital Tsunami's thorough understanding of the project needs, clear and constant communication, and creative, innovative and meticulous approach to delivering solutions.

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Sydney, NSW, Australia
Personal Broadband Australia
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The team at Digital Tsunami was incredibly responsive, delivering a solution well ahead of deadline. Their technical knowledge was exceptional, they were innovative, and they were very meticulous. What's more, they understood my business and technical requirements and translated them into a user-friendly, refined, professional site which is conceptually simple and cohesive.

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Sydney, NSW, Australia
Divine Write
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Mönsterås, Sweden
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Digital Tsunami provided an outstanding service throughout the whole web development process. Andrew spent extensive time early on to understand our business in order to provide additional conceptual and strategic contributions to the brand and corporate identity of Kinetic Defence Services to ensure the message was clear, precise and appealing to the target audience.

The development process was smooth and efficient and enabled us to have an input throughout to guarantee total satisfaction with the final look and feel of the site.

Angelo Mastropietro
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Sydney, NSW, Australia
Kinetic Defence
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Macquarie Park, NSW, Australia
Macquarie University Law Society
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