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

Quotation Mark

Andrew helped us to see the potential of video in bringing our new website to life.

He held our hand through the process, making it as undaunting as possible.

He delivered a great selection of videos (from a one-day shoot), that really tell the Foodbank story and will be a great addition to our communications.

Sarah Pennell
Business and Communications Manager
Sydney, NSW, Australia
Foodbank Australia
Quotation Mark

We are very pleased with the end result. It was good to have you pushing us along for material in order that we met the agreed completion deadline - you certainly are good project managers!

Mike A Rawbone
Managing Director
Hong Kong
HR Associates
Quotation Mark

We have been a client of Digital Tsunami now for a number of years.

As an ASX listed company, we seek reliability with our suppliers. Digital Tsunami have proven they are reliable and trustworthy multiple times.

We host multiple websites and services through them, and use them for technical and creative work.

There has never been an issue, they are always on top of all technical details, and simply provide the best possible solution around a given budget, and get things right first time. Clearly they have excellent quality controls and that shows in their services.

Adam Connell
Marketing Executive
Adelaide, SA, Australia
Quotation Mark

(We) took a fairly substantial audit of .. sophisticated sites both technically and creatively .. Out of six prominent designers, Digital Tsunami stood out.

The quality of the images, the sophisticated management of text .. together with smooth animations makes (our) website of very high calibre.

I would personally rate this site in the top 2 percent of world wide web sites today.

Paul McCloskey
President
Dural, NSW, Australia
Laservision
Quotation Mark

Andrew has a unique understanding of global business communication, combined with proven creativity in concept, design and production. He is extremely responsive to client’s requirements and has the ability to adapt and implement solutions extremely quickly in competitive markets.

Laurie K. Gilbert
Director
Hong Kong
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