Question

According to brand valuation consultancy Brand Finance’s report, “Global 500 2023”, which e-commerce company  has become the most valued brand?

A Alibaba Correct Answer Incorrect Answer
B Flipkart Correct Answer Incorrect Answer
C Amazon Correct Answer Incorrect Answer
D Myntra Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

Billionaire Jeff Bezos’s e-commerce company Amazon has become the most valued brand, overtaking Apple, last year’s topper. Amazon has reclaimed the top spot as the world’s most valuable brand despite its brand value falling 15 per cent this year from $350.3 billion to $299.3 billion.

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