Chinese Global 2023 Brand Builders 中国全球化品牌 IN ASSOCIATION WITHContent 01 04 Consumer Insights: Methodology Power the Confidence Shift to capture new global audience 02 05 Brand Profiles Kantar BrandZ Chinese Global Brand Builders Top 50 & Insights 03 06 Kantar BrandZ Chinese Global Teams & Acknowledgements Brands Rising Stars & Brand Cases 01 Consumer InsightsPower the Confidence Shift to capture new global audienceConsumers feel insecure pervasively worldwide but they are resilient and taking more responsibilities. Global ranking of Self-reliance: Rely on myself and my own resources - extremely / very important 01 01 2020 Honesty 2022 Honesty 02 02 Health Health 03 03 Family Family 66% 04 04 Authenticity Authenticity 05 05 Fairness Fairness 06 06 Knowledge Self-reliance 3 07 07 Balance Balance 08 08 Privacy Privacy The world I live in feels like an increasingly hostile and 09 09 Self-reliance Knowledge uncertain place 10 10 Learning Learning Data source: Kantar 2023 Global OutlookGlobal consumers are rethinking their shopping choices and expanding their consideration set. 73% 55% 34% Purchased a different Considering Constantly keep an eye brand from usual more brands out for new brands Data source: Google x BrandZ 2023 Survey in 11 markets; Total n=11959, Jan. 2023 Question: Which of the following actions have you taken while shopping for products of [CATEGORY]? Which of the following actions are you currently taking while shopping for products of [CATEGORY]?Imagine an average New consideration set consumer... Original consideration set As a result, Chinese brand A Chinese brands have more opportunities to Chinese brand B get into consumers’ Brands in the consumer’s consideration set. consideration35% 45% 20% Many Chinese global brand builders now find themselves having a promising addressable consumer base. Global Consumers’ General Attitude to Among 234 surveyed Chinese brands Surveyed Chinese Brands 45% >90% 35% brands have 20% at least 70% of their consumers might consider the brand. 1st choice / Might Would not Seriously consider consider consider Data source: Google x BrandZ 2023 Survey in 11 markets; Total n=11959, Jan. 2023 Question: How likely are you to consider choosing each of the following brands the next time you [BUY/USE] [CATEGORY]? Base: For each brand, ask all respondents who are aware of the brandThe cost leadership that Chinese brands normally own Price of the new brands may help attract new consumers. that have been tried Tried cheaper 35% brands Tried different brands with 26% similar price Tried more expensive 25% brands Data source: Google x BrandZ 2023 Survey in 11 markets; Total n=11959, Jan. 2023 Question: Which of the following actions have you taken while shopping for products of [CATEGORY]?… especially in retail and online service categories. Tried cheaper brands Tried more expensive brands Price of the new brands that have been tried 50% 45% 43% 41% 39% 38% 40% 36% 36% 30% 26% 24% 23% 23% 20% 18% 18% 20% 10% 0% Online Online Home & Ecommerce Electronics Utility Apps Beauty & Smart Home Content & Mobile Art & Toys Alcoholic Consumer Cars Fashion Convenience Garden Accessories & Personal Devices Appliances Entertainment Gaming Drinks Electronics Service Supplies Care Apps Data source: Google x BrandZ 2023 Survey in 11 markets; Total n=11959, Jan. 2023 Question: Which of the following actions have you taken while shopping for products of [CATEGORY]?But actually consumers are torn between guarding their wealth and optimizing their life amidst global uncertainty. 3 Thoughtful response to financial uncertainty Consumer’s key focus of life of people’s big life plans have 1 Happy Family 37% #1 69% been impacted by inflation and other issues of concerns Physical and 33% #2 of global consumers did not plan Mental Health 2 75% to increase their overall spending Finance Security / #3 27% Growth Data source: 1. Kantar: Global Issue Barometer 2022; 2. Euromonitor: Top 10 Global Consumer Trends 2023; 3. Google x BrandZ 2023 Survey in 11 markets; Total n=11959, Jan. 2023 Question: What are the most important pursuits that you are focusing on in your life at this moment? Please select a maximum of 3 items.Brands shouldn’t be afraid to go premium as there are consumers willing to spend more, especially among high income groups for tech categories. All consumers High income group % Tried more expensive brands 40% 38% 38% 35% 34% 34% 33% 32% 31% 30% 29% 29% 30% 27% 20% 10% 0% Smart Cars Art & ToyH s ome Appliances Alcoholic Consumer Electronics Beauty & Online Home & Ecommerce Utility Apps Online Mobile Content & Devices Drinks Electronics Accessories Personal Fashion Garden Convenience Gaming Entertainment & Supplies Care Service Apps Data source: Google x BrandZ 2023 Survey in 11 markets; Total n=11959, Jan. 2023 Question: Which of the following actions have you taken while shopping for products of [CATEGORY]?There are other factors than price influencing shopping choices. While discounting is a powerful tool in influencing consumer decisions about both products and retailers, it’s not everything. In fact, we found that Well-known behavioral science principles and related tactics — such as displaying high-star ratings or promising free delivery and returns — could surpass the effectiveness of a discount. Specifically, using the two most influential behavioral science principles within a given product category Social proof Power of free was more effective than a 10% discount in influencing choice across categories among US consumers. Data source: Google/ The Behavioural Architects, June 2022, US, n=1000 prospective online purchasers per category, ages 18-75. Focusing on price only 73% will make a brand less are motivated by competitive to win over new consumers. factors other than price What motivates you to try a new brand? Only 27% try a new brand because it is Data source: Google x BrandZ 2023 Survey in 11 markets; the best deal that they can find Total n=11959, Jan. 2023 Question: What motivates you to [buy/use] a different brand from normal?Consumers are open to brands that provide functionality and support their life aspirations. Top motivations to try a new brand Functionality Value Life aspirations #1 #2 #3 #4 #5 29% 27% 25% 24% 22% I''m confident about I think it is the best I feel curious about The I feel excited about what product / deal that I can find the product / product/service using the product / service quality service improves my service I can get quality of life Data source: Google x BrandZ 2023 Survey in 11 markets; Total n=11959, Jan. 2023 Question: What motivates you to [buy/use] a different brand from normal?Brands have a new mission to shift from a value brand to a valued brand to capture market opportunities and win over new consumers.Functionality and life aspiration work together to build a valued brand that consumers feel confident to make a purchase with. Confidence in the brand Confidence in Confidence in functionality life aspirationHelping consumers be confident to make a decision is the most important factor to drive brand consideration across categories. Top drivers to consideration Confidence in the brand Spark inspirations #1 #6 Self-acceptance Enjoyment #2 #7 High quality Distinct design #3 #8 Good variety Innovation #4 #9 Comfort & convenience Social connection #5 #10 Support my values #11 Data source: Google x BrandZ 2023 Survey in 11 markets; Total n=11959, Jan. 2023 Question: Which of these brands…? While all kinds of value attributes convey functionality and life aspiration, and thereby feed into the confidence of the brand. Confidence in the brand Confidence in Confidence in functionality life aspiration High quality Self-acceptance Good variety Spark inspirations Comfort & convenience Enjoyment Distinct design Social connection Innovation Support my valuesHowever, it''s not enough to make the value proposition, you need to convince them that you are telling the truth. “(When a brand tells me that,) then I need more information to be able to trust it.” Gen X, APAC consumer Data source: Google commissioned Kantar/Quantum Report: "Emotional Value of Search 2021” Base: Those who have purchased from the vertical in the past 18 months across INSEAUnfortunately, brands must work hard as many consumers assume that the information that they see may be misleading or deliberately deceptive. 76% are concerned that information is misleading or deliberately deceptive Data source: Google commissioned Kantar/Quantum Report: "EVOS 2.0: Trust in Times of Uncertainty 2022". Base: Those who have purchased or intend to purchase from the vertical within 12 months IN, ID, VN, TH, AU, (Quant =6002)Consumers enter the messy UNCERTAINTY middle inherently with doubt and skepticism. doubts “When deciding on a product, I want to feel a sense of relief, no regret. I will constantly think about it. In trust my mind I’m feeling unsure, should I buy? Should I not skepticism buy? Should I buy?” disillusionment Gen Z, APAC consumer “If you’re not doubtful, you’re being too vulnerable.” CERTAINTY Gen Z, APAC consumer Data source: Google commissioned Kantar/Quantum Report: "EVOS 2.0: Trust in Times of Uncertainty 2022". Base: Those who have purchased or intend to purchase from the vertical within 12 months IN, ID, VN, TH, AU, (Quant =6002)It is even harder to make decisions when consumers today are considering more brands. “Digital platforms give us so many choices at a click of a button- but too many choices is also confusing. I 47% struggle to figure out which one to go through, what to look for… It’s very overwhelming.” Find it harder to make a purchase decision Gen Y, APAC consumer Data source: Google commissioned Kantar/Quantum Report: "Emotional Value of Search 2021” Base: Those who have purchased from the vertical in the past 18 months across INSEA (quant = 5006)For consumers, the gap between what they THINK they know and what they WANT to know what they WANT to know to make The good decisions is what we call Confidence “The Confidence Gap.” Gap what they THINK they know When they’re in this Confidence Gap, they want answers to get from the point where they’re wondering to that of knowing. Consumers proactively seek information to learn about brands, crosscheck, and make own decisions. Top information channels 36% 35% 27% 2.4 types of information Family / Consumer Advertising channels friends reviews on average 27% 18% that contributes to consumers’ perception of brands Official Physical website stores Data source: Google x BrandZ 2023 Survey in 11 markets; Total n=11959, Jan. 2023 Question: What contributes to your perception of brands?Consumers want to trust, feeling like they have done due diligence to make the right decision. All brands are back on the table 4 in 5 want to feel that they have done their due diligence / enough research to make the right decision Data source: Google commissioned Kantar/Quantum Report: "EVOS 2.0: Trust in Times of Uncertainty 2022". Base: Those who have purchased or intend to purchase from the vertical within 12 months IN, ID, VN, TH, AU, (Quant =6002)Consumers are choosing to stay in the Confidence Gap longer because they can’t afford to make the wrong decision. 3 in 5 can''t afford to make the wrong decision with this purchase Data source: Google commissioned Kantar/Quantum Report: "EVOS 2.0: Trust in Times of Uncertainty 2022". Base: Those who have purchased or intend to purchase from the vertical within 12 months IN, ID, VN, TH, AU, (Quant =6002)Staying in the Confidence Gap too long does have a cost, especially for businesses competing for consumers who are considering more brands. Staying too long in the gap can lead to consumers abandoning the decision altogether In the famous ''jam booth experiment'' conducted by the American Psychological Association, psychologists observed that only 3% of consumers purchased when faced with a choice of 24 jams, vs 30% purchasing when faced with a choice of only 6 jams. Source: Iyengar, S. S., & Lepper, M. R. (2000). When choice is demotivating: Can one desire too much of a good thing?. Journal of personality and social psychology, 79(6), 995.Trust cues help consumers get confident that things will work out with a brand. Confidence in the brand Confidence in Confidence in functionality life aspiration Trust cues Trust cuesOur research found that consumers look for 6 conscious cues to increase their confidence in a purchase decision. % who agree they are concerned about… INDUSTRY AUTHORITY SOCIAL BRAND SOCIAL EFFORT RESPECT RESPONSIBILITY POWER PROOF award winning recommendatio information on social information on credible reviews latest releases brands ns by industry practices and values the reputation about the brand of brands experts of the brand of the brand / product 80% 78% 76% 75% 75% 71% Note: Combined Trustworthiness Score = Strength of Total Association with Trustworthiness x Speed of Association with Trustworthiness (Total Yes x Fast Yes) Data source: Google commissioned Kantar/Quantum Report: "EVOS 2.0: Trust in Times of Uncertainty 2022" AU, IN, ID, TH, VN (qual, n=27, quant = 6002)Signal trust with the 6 cues at the right point in purchase journey. What age learn to ride bike? When to take off training wheels Best training wheel bike 5 year old What is a balance bike? Common problems learning to ride bike kids This is where the journey Trust is built along the journey starts How to learn to How to put on training wheels? ride bike kids? Is it a fracture? How to teach riding a bike kids? How to encourage kid learn bikeThe Platform itself is The 7th Confidence Cue. Trust transference refers to trust that individuals transfer 7 to one thing based on their trust for something else. It has been shown that appearing on trusted platforms transfers trust. Source: Wu & Neill, 2021, Sun, 2010, Hong & Cho, 2011Trusted platforms give brands an advantage in the Confidence Shift. #1 82% Google Search provides the of YouTube viewers agree that strongest trust signals across YouTube creators inspire 1 platforms that were tested confidence, shortening the consideration phase and 2 expediting purchase Data source: 1. Google commissioned Kantar/Quantum Report: "EVOS 2.0: Trust in Times of Uncertainty 2022". Base: Those who have purchased or intend to purchase from the vertical within 12 months IN, ID, VN, TH, AU, (Quant =6002) 2. Google/Talk Shoppe, Shopping at the Speed of Culture study, 2022, APAC, A18-64 GenPop video users, Survey in field December 21, 2021 to February 17, 2022. (Quant = 18,000)Helping in the Confidence Shift leads to profitability for your business as consumers will choose you, stay loyal, and spend more. They will They will spend They will choose choose you. more with you. you again. Globally, 57% of consumers are On average, consumers spend 25% Consumers who are confident with their product 2 willing to try a new product or service more money on trusted brands. choice before purchasing are nearly 20% more likely 1 if they trust the brand. to repurchase that product, and this is consistent 3 across a range of APAC markets. Data source: 1. Edelman, "Trust, The New Brand Equity", 2022, n=14,000 consumers across 14 countries; 2. Twilo/ Deloitte, "Losing the Trust Gap", US, 2021, n=1000 consumers aged 18+); 3. Google/ Ipsos, Decoding Repurchase, AU, IN, ID, JP, KR, VN, 2023, n=1500 per market, Buyers of Home appliances, Personal care, Health and wellbeing products.02 Kantar BrandZ Chinese Global Brand Builders Top 50 & Insights What determine brand equity of China global brand builders? Generally, brands with higher consideration also rank higher on Demand Power. Demand 38% Power 31% A measure of consumer demand for the brand based on brand perception. Average consideration Average consideration of Top 20 of Top 21-50 Data source: Google x BrandZ 2023 Survey in 11 markets; Total n=11959, Jan. 2023 Question :How likely are you to consider choosing each of the following brands the next time you buy [CATEGORY] ? Base :All awared respondents of each brand Demand Power is determined by how brand is Meaningful M Meaningful, The extent to which brands build a clear and Different,and Salient. consistent emotional connection and are seen to deliver against consumer needs. Salient Different D The extent to which brands are seen to offer something that others don’t and lead the way. Salient Different S The mental availability of the brand: how Meaningful quickly and easily it comes to mind when making a purchase or usage decision.Chinese brands become more active in impacting global consumers’ brand decisions in the past year while Meaningful Difference remains a dominant role in building Power. MDS Contribution to Power 16% +7% 23% 31% 30% Salient 53% 47% 53% Different Meaningful 2022 2023 Data source: Google x BrandZ 2023 Survey in 11 markets; Total n=11959, Jan. 20232023 Chinese Global Brand Builders Top 50Kantar BrandZ 2023 Chinese Global Brand Builders Top 50 Demand Demand Rank Brand Category Rank Brand Category Power Power Content & Entertainment Apps Smart Devices 1 ByteDance 2487 26 影石 Insta360 213 Consumer Electronics Cars 2 Xiaomi 1192 27 Lynk & Co 212 Consumer Electronics Mobile Gaming 3 Lenovo 1062 28 Magic Tavern 210 Online fashion Mobile Gaming 4 SHEIN 983 29 Lilith 205 E-commerce Home Appliances 5 AliExpress 925 30 Midea 202 6 HUAWEI Consumer Electronics 828 31 Roborock Smart Devices 189 Consumer Electronics Cars 7 OPPO 581 32 Geely 187 Home Appliances Mobile Gaming 8 Haier 581 33 Century Games 186 Home Appliances Mobile Gaming 9 Hisense 579 34 FunPlus 177 Consumer Electronics Mobile Gaming 10 vivo 485 35 IM30 176 11 TCL Home Appliances 418 36 JAC Cars 171 Mobile Gaming Online Convenience Service 12 Tencent 388 37 DiDi 159 Electronic Accessories & Supplies Mobile Gaming 13 Anker 369 38 Habby 157 Cars Alcoholic Drinks 14 Chery 362 39 Tsingtao Beer 147 15 OnePlus Consumer Electronics 344 40 ECOVACS Smart Devices 143 Smart Devices Mobile Gaming 16 DJI 299 41 37Games 142 Content & Entertainment Apps Home & Garden 17 Kuaishou 298 42 FlexiSpot 138 Mobile Gaming Online Convenience Service 18 miHoYo 280 43 Trip.com 130 19 TP-Link Electronic Accessories & Supplies 280 44 Kunlun Content & Entertainment Apps 127 20 GWM Cars 244 45 Infinix Consumer Electronics 117 Consumer Electronics E-commerce 21 realme 240 46 LightInTheBox 110 Cars Home & Garden 22 BYD 236 47 Costway 110 23 MAXUS Cars 218 48 EcoFlow Electronic Accessories & Supplies 108 24 WORX Home & Garden 217 49 MangaToon Content & Entertainment Apps 105 25 Consumer Electronics 215 50 Home & Garden 103 HONOR Homary The Brand Power evaluation of Haier is based on the data of Haier’s single brand, and does not include the data of other sub brands of Haier Group.Consumer electronics remains the category that contributes the most to Top 50 collective Power, occupying 5 spots in top 10. Top 50 Category Rank Brand Power Share by Category 1 Content & Entertainment Apps Consumer Electronics 2 Consumer Electronics 3 28% Online Fashion 4 E-commerce 5 17% Consumer Electronics 6 10% Consumer Electronics 7 10% 9% 6% 5% Home Appliances 8 5% 4% 3% 2% Home Appliances 1% 9 10 Consumer Electronics Content & Mobile Home Online Smart Electronic Home & Online Alcoholic Consumer Cars E-commerce Entertainment Gaming Appliances Fashion Devices Accessories Garden Convenience Drinks Electronics Apps & Supplies Service Data source: Google x BrandZ 2023 Survey in 11 markets; Total n=11959, Jan. 2023Brand Spotlight Xiaomi succeeded by providing and updating its wide product lines through innovative technologies Xiaomi is strongly associated with “wide selection” by global consumers. EASY TO USE HELP ME ENJOY MORE FUN IN LIFE HELP ME STAY CLOSE TO FAMILY AND FRIENDS OFFER A WIDE SELECTION WOULD BE PROUD TO OWN AND USE SUPPORT ME TO LIVE AN EASY LIFE Xiaomi has set up a unique ecological chain which can provide consumers a wide variety of innovative tech products from mobile, home appliance, wearable to RELIABLE PERFORMANCE personal care products etc. together with Xiaomi partners. HELP ME TO MAKE A CONFIDENT PURCHASE DECISION WITH LEADING TECHNOLOGY Xiaomi also established the world’s leading consumer AIoT platform with over 500 million smart devices connected to the platform in 2022, excluding smartphones, tablets and laptops. Consumers can easily use mobile to control several smart devices at home to enjoy a better life. Data source: Google x BrandZ 2023 Survey in 11 markets; Total n=11959, Jan. 2023 Question: Which of these brands…? Please select all the brands you think this applies to. Base :All awared respondents of each brand 10 newcomers bring diversity to the Top 50 league, covering 7 different categories and highlighting manufacturing verticals. Category Brand Rank Cars 23 Category Distribution of Newcomers Smart Devices 26 10% Content & Entertainment Apps Cars 27 20% Smart Devices 31 Smart Devices 10% Online Convenience Service Mobile Gaming 38 Online Convenience Service 43 10% Consumer Electronics 45 Mobile Gaming 20% Cars Home & Garden 47 10% Content & Entertainment Apps 49 Consumer Electronics 20% Home & Garden 50 Home & Garden Data source: Google x BrandZ 2023 Survey in 11 markets; Total n=11959, Jan. 2023Brand Spotlight These brands are dedicated to revolution in product quality and intelligent manufacturing. With its advanced panoramic image technology and AI smart editing, Insta360 helps users explore and share exciting new perspectives with the world. Roborock constantly improves product performance, with a spirit of innovation, to free consumers'' hands and help them enjoy life better. Homary provides furniture with premium quality and strong sense of design, which enables consumers enjoy better life quality. As a result, newcomers demonstrate a strong performance on being more worthy than it costs and thus gain growth momentum. Newcomers are rated higher on perceived worth Catering to financially 1 % Worth more than it costs stressed consumers 20% 17% 82% Global consumers feel 2 inflation is going up Newcomers Remaining Top 50 brands Data source :1. Google x BrandZ 2023 Survey in 11 markets; Total n=11959, Jan. 2023 Question: Is this brand worth more or less than it costs? Base :All awared respondents of each brand 2. Kantar 2023 Global OutlookBrand Spotlight Lynk & Co gains value from attractive design and inspiring new experience Lynk & Co left strong perception on “attractive in design” and “inspiring new experiences”. DELIVER A FUN DRIVING EXPERIENCE WITH LEADING TECHNOLOGY HAVE ATTRACTIVE DESIGN INSPIRE ME TO EXPLORE NEW EXPERIENCES HELP ME TO MAKE A CONFIDENT PURCHASE DECISION Lynk & Co upholds the idea of being "more than a car" in shaping the brand. In Europe, FAST FORWARD TO AN ELECTRIFIED FUTURE Lynk & Co has pioneered a predominantly subscription-based business model, providing users with a more diversified car ownership experience, and it has already gained over ALLOW A COMFORTABLE DRIVE 200,000 subscription members. In APAC, Lynk & Co has implemented social and sharing OFFER COMPREHENSIVE SAFETY features in its business model. Together with its Co: Club, brings consumers an inspiring, new life experience. HAVE GOOD RESALE VALUE Lynk & Co focuses on providing quality experiences to attract consumers who value experiential aspects. For instance, the 01 model features a clean, minimalistic design that offers a sense of modern, future, and modest luxury. Data source: Google x BrandZ 2023 Survey in 11 markets; Total n=11959, Jan. 2023 Question: Which of these brands…? Please select all the brands you think this applies to. Base :All awared respondents of each brand For brands who have entered the top league to gain sustainable growth, brand love plays a role. There were 11 brands who rose more than 5 spots in 2023 and 7 of those had also experienced noticeable growth in 2022, being the newcomers or top risers last year. 28% 25% % Love the brand Risers of more than 5 spots Other Top 50 brands Data source : Google x BrandZ 2023 Survey in 11 markets; Total n=11959, Jan. 2023 Question: How do you feel about each of these brands? (% refers the top 2 Box in 7 scales ) Base :All awared respondents of each brandRank Change Rank Category Brand (2023 vs. 2022) Consumer Electronics 21 +29 Content & Entertainment Apps 17 +26 Home & Garden 24 +21 Cars 14 +18 Mobile Gaming 28 +13 Cars 20 +11 Top risers achieve brand love and growth by leveraging their innovative genes to speak to consumers’ life aspirations Data source: Google x BrandZ 2023 Survey in 11 markets; Total n=11959, Jan. 2023Brand Spotlight realme is loved by bonding consumers with family and friends in an easy way In consumers’ mind, realme strands for “help me stay close to family and friends” and “easy to use,” which meet consumer both functional and emotional needs. HELP ME IMPROVE PRODUCTIVITY IN WORK AND LIFE HAVE RELIABLE PERFORMANCE SUPPORT ME TO LIVE AN EASY LIVE HELP ME ENJOY MORE FUN EASY TO USE HELP STAY CLOSE TO FAMILY AND FRIENDS ‘Family and friends bonding’ is an important theme realme implemented in its OFFER A WIDE SELECTION innovation. Dual Mode Music Share on realme UI allows users to connect Bluetooth earphones and wired earphones simultaneously so that users can listen to music with HAVE A DISTINCTIVE LOOK AND FEEL its family and friends at the same time from the same phone. SUPPORT COMMUNITIES At same time, the campaigns have been consistent for years to resonate with consumer on celebrating connections and togetherness with family and friends, like Diwali campaign in India. Data source: Google x BrandZ 2023 Survey in 11 markets; Total n=11959, Jan. 2023 Question: Which of these brands…? Please select all the brands you think this applies to. Base :All awared respondents of each brand Brand Spotlight Brand love can also be a result of wonderful 快手 (Kuaishou) experience powered by innovative products: For example, seeing the shining self or WORX is continuously innovative on Leveraging AI-driven algorithm, Kuaishou doing an enjoyable DIY. easy-to-use power tools and outdoor gives people equal opportunities to share power equipment to get the job done their minds and stories. quicker and better. “I spent my whole life working to be For instance, the new Switchdriver 2.0 recognized; I joined Kwai and now enhances user experience with an people recognize me,” a dancing talent intelligent LED display and a more on Kwai said in her interview. efficient brushless motor.Key Learnings from Top 50: Power Consumer Confidence Shift Delivering “perceived worth” will empower Chinese global brands grow From Production faster. Brands can be worth more by serving consumers’ needs with to Creation 1 high quality and tech-enabled product innovations. Fulfilling consumer life aspirations will win consumers’ heart and From Value make consumer fall in love with the brand, which grows brands in to Valued 2 a sustainable way. Consistently investing on brand communication is getting more From Selling important for Chinese global brands as they try to deliver more to Telling 3 comprehensive messages to impact consumers choices. 03 Kantar BrandZ Chinese Global Brands Rising Stars & Brand Cases Rising Stars - Selection Criteria Top rising stars determined mainly by consumer survey result and supported with expert evaluation. Challenger Brands that Proactive Brands consumers feel brand-building confident about Achieving growing business Meeting functional and emotional needs Using different media channels Bringing changes to an industry Empowering consumer life globally Planning marketing initiatives wisely Consumers are trying and considering No matter it is to perform high Media environment changes rapidly. more brands. Rising Stars work to value-for-money, or fulfill consumer life Rising Stars help consumers to navigate capture the opportunities to be strong aspiration, Rising Stars make consumers and make sense of the information that challengers in global markets. feel confident to make a decision. they can trust.2023 Chinese Global Brand Builders Rising StarsKantar BrandZ 2023 Chinese Global Brand Builders Rising Stars Category Brand Category Brand Online Fashion Art & Toys POP MART BloomChic Smart Devices Mobile Gaming BLUETTI RiverGame Art & Toys E-commerce TEMU Donner Beauty & Personal Care Smart Devices Flower Knows Tineco Online Fashion Home Appliances Ulike LILYSILK Online Fashion Cars Wuling Luvme Hair Online Fashion Smart Devices XREAL NEIWAI 内外 Smart Devices PETKIT Note: This is not a ranking. Brands appear in alphabetical order.From Production to Creation “Successful brands consider consumers'' pain points, use their tech and innovative capabilities to empower their products, expand boundaries, and fulfill consumers'' visions.” Shanshan Sheng Head of Tech, Automobile & Mobility, Large Customer Sales, China, GoogleTo gain consumer trust and enable consumers to make confident purchase decisions, Rising Stars meet consumer needs with deep insights and solve their pain points with innovative functions. Innovation Out of Music Dream Medical Beauty Super Casual Experience Come True in Your Pocket Strategy Game Wuling has paid close attention to the actual Donner noticed the high bar to learn a musical Ulike engages in the industry of home hair Top War changed the traditional SLG gameplay, mobility experience since the inception of its instrument. It takes time to get started; and removal products and is committed to product with micro-innovations, making the game easier new energy cars. beginners often have trouble finding instruments development and innovation. and more fun. that can help them to learn fast with reasonable For example, in Indonesia, charging stations were price and good quality on the tone. The Sapphire Ice-Cooling hair removal device Top War features the merge to upgrade extremely limited back then, which greatly from Ulike solves the pain point of traditional gameplay, which breaks with the traditional affected the willingness to purchase electric In order to reduce the threshold, Donner has physical hair removal — ”not thorough, short game experience of "building blocks, waiting vehicles. Wuling therefore offered to install home developed chips for general use of keyboard piano lasting”. By enabling the advanced cosmetic and collecting resources". In Top War, players charging equipment for local users for free. The and drums, and worked hard on multi effector for medical technology on home devices, it can easily get started and experience the joy of ability to charge at home eliminates user anxiety electrical drums and pianos. Donner also created allows users to enjoy salon-grade hair removal growth without waiting for a long time, which about charging, enabling Indonesian users to use fine instruments with new materials including at home. gives gamers a stronger sense of purpose and the Air ev with confidence and charge it easily. carbon fiber, transparent materials, glass fiber and achievement, leading the trend of casual SLG. This has won the favor of users, making the Air ev ABS enhanced materials, which makes it easier to the model with the largest market share in the use and maintain the instruments for beginners. current market segment (according to GAIKINDO statistics, the market share has reached 78%).Some Rising Stars quickly build their fanbase overseas by leveraging successful experience gathered in China and exporting the innovative and diverse lifestyles of Chinese younger generation to the world. The Technology That Cares Light Up Passion and Bring Joy With a decade of dedication to the field of pet smart supplies, PETKIT has emerged as the top brand in the POP MART is a leading culture and entertainment company in China. Over the past five years, it has set foot in domestic market for pet smart products. It has accumulated valuable industry experience and offers a diverse 25 countries and regions, bringing joy and happiness to consumers through trends- & culture-based products range of products. With a strong in-house research and development team and supply chain capabilities, and services. PETKIT has established unique advantages and core competencies in the international markets. POP MART offers consumers not only the product itself, but also a new way of life. Designer toys have Currently, PETKIT’s products cover various aspects of pet life, catering to the needs of the new generation of become one of the hottest topics among young people and a new social currency. pet households. Its smart products are continuously upgraded to better serve pet owners. For instance, PETKIT has developed the TaOS health management system specifically for pets. When used in conjunction with the To enable consumers in more markets to experience the unique fashion culture of POP MART, while expanding PETKIT smart pet supplies, it allows pet owners to monitor their pets’ daily food intake, water consumption, and deepening its business territory, POP MART is constantly innovating and trying new business models. It bathroom habits, and more with PETKIT APP, enabling better care for their pets’ health. absorbs the differences in language, culture, and religion to create many regional-customized products and co-branding characters. This allows POP MART to get close with local consumers and enhance its global PETKIT also places great importance on user interaction by establishing communities and actively engaging influence. with users to co-create content. This not only expands the brand’s reach and boosts its advocacy but also strengthens user loyalty through community interactions.From Value to Valued “By evoking the positive emotion out of consumers, brands help consumers achieve what they desire and build deep consumer trust. ” Rosy Li Head of Client Service, Kantar InsightsENJOYMENT Enjoy Royal Pampering As an entry luxury women''s clothing brand that specializes in differentiated silk products. This allows it to avoid the red ocean market that is dominated by fast fashion giants. LILYSILK also conforms to the market trend of consumers increasingly pursuing high-quality and high-end lifestyles. It provides global consumers with a pleasant experience and life. LILYSILK targets women who are well-educated and have high taste and who are always looking for ways to improve their quality of life. LILYSILK''s design style is classic and elegant, which makes its products timeless and suitable for a variety of occasions. The brand also insists on high-end quality. Its products are made of 100% natural high-quality materials (6A-grade natural mulberry silk) and are certified to ensure that they are clean and non-toxic. This allows users to enjoy their products without worry. With its unparalleled skin touch and experience, LILYSILK allows users to enjoy royal-level luxury. It is like being pampered like a princess, which satisfies consumers'' pursuit of high-end quality of life.SPARK INSPIRATION Making AR Accessible to Anyone, Anywhere Spark Inspiration for Smart Living Tineco centers on the subtle needs of users and has a deep understanding of their desire for a better life. It constantly brings users the "little joys" in life and inspires them to explore smart life. To serve the well-being of its users, Tineco constantly improves product details and uses its intelligent DNA to help its users solve practical problems and experience new lifestyle. For example, Tineco has equipped its floor washer with innovative iLoop Smart Sensor technology, which allows the products detect amount of dirt on floors and automatically adjust suction and water flow for a complete clean and leave floors dry quickly. Also, in its latest update, with Founded in 2017, XREAL (formerly Nreal) has grown to be the global leader high-temperature steam washing technology, Tineco’s floor washer can easily in the design and manufacture of consumer AR glasses. XREAL has overcome stubborn dirt without adding detergent and provides a safe cleaning pioneered several core innovations that are transforming the AR industry, solution for families with pets and children. including its proprietary optic technologies, and its uniquely consumer-friendly product designs. XREAL innovated augmented reality experiences with its "XREAL Light" and "XREAL Air" AR products, accompanied by XREAL''s self-developed 3D interactive system "Nebula". Since the commercial launch last year, XREAL has sold more than 150,000 products globally. Compatible with MacBook, PC, iPad, Smartphones, and the biggest gaming consoles, XREAL extended the user scenarios from massive screen entertainment and gaming to multi-screen workstation. XREAL product brings new dimensions to all your favorite devices.Self-acceptance Shopping Like A Billionaire TEMU is a global e-commerce platform launched in 2022. It is committed to sharing a wide selection of cost-effective products and the fun of e-commerce with global consumers. According to Sensor Tower, TEMU has been the most downloaded marketplace app in the North American market in both Q4’2022 and Q1’2023. In particular, TEMU''s world''s first TVC advertisement was launched in the US Superbowl in February 2023, which effectively improved the awareness and favorability of TEMU among American consumers. With the theme of "Shopping like a billionaire", the TVC accurately expresses the ultimate shopping experience that TEMU brings to consumers, allowing users to enjoy a moment of ease and freedom in shopping and enriching consumers'' lives. As a young brand, TEMU''s TVC aired on 2023 Super Bowl night five times. Through the brand strategy of combining media and in-app campaigns while focusing on the combination of exposure and conversions, TEMU expanded the brand influence and deepened consumer impression. The audience has widely discussed TEMU on social platforms and actively participated in TEMU in-app activities.Increasing diversification of SHEconomy brings out Self-acceptance as a very important emotional value. BloomChic is committed to providing comfortable, stylish, and well-fitting clothing options and global services to women of sizes 10-30 around the world. Art of Curves With its direct-to-consumers (DTC) website and a clothing R&D team that focuses on plus-size designs, BloomChic hopes that women of all body types can easily find clothing that flatters their figure, helps them feel confident and beautiful, and makes them feel valued and cared for. For example, BloomChic recognizes that women of larger sizes have different body shapes and curves than women of smaller sizes, and so they design their clothing with this in mind, creating pieces that are both flattering and inclusive. BloomChic promotes a relaxed, comfortable, and confident lifestyle. They respect and celebrate the diversity of women around the world, encourage them to embrace their own unique beauty, and face the world with self-love, self-acceptance, and confidence.Made To Live In Founded in 2012, NEIWAI’s mission is to make solution wear for modern women. NEIWAI started with comfort but did not stop there. Uniting heritage and quality, it embraces a distinctly modern and global aesthetic. NEIWAI creates meaningful designs for people from all backgrounds and across all categories, from underwear, loungewear, athleisure, and beyond. NEIWAI is creating a more sustainable consumer environment by focusing on quality over quantity and working with top fabric providers such as PrimaLoft?, VITA, and Carbon Zero by TENCEL? to produce clothes in an organic and sustainable manner. NEIWAI believes in the power of clothing and style to spark creativity and self-expression, bridging the connection between your true, inner self and the way you present yourself to the world. It makes clothes for you – and they’re not just made to be worn, they’re Made To Live In. NEIWAI is a sustainable underwear brand that is inspired by the ancient oriental philosophy of benefiting all people. Its products are made from high-quality, natural, and eco-friendly fabrics such as Supima? cotton and TENCEL? Modal. NEIWAI has also developed the innovative period underwear PANTIE PRO?, which is machine washable, reusable, and can properly absorb menstruation. This reduces both the discomfort of using disposable tampons and the environmental impact of disposable sanitary products.“The key to a new product going viral is always a deep understanding and insight into specific consumer groups.” George Mao Vice President, China, GoogleBased on accurate positioning and deep understanding of specific groups, Rising Stars develop products that cater to needs of their audience and quickly gain consumer love. Bloom Make Dreams ConFurdence Come True Luvme Hair, which caters to African-American women in Europe and Founded in 2016, Flower Knows is a stylish makeup brand that positions itself America with increasing purchasing power and fashion demands, provides as the guardian of romantic "girlish hearts" in China and the "Dreams on vanity" comfortable and stylish wigs for Black people, who typically have coarse in global markets. With its unique packaging design and dreamy theme hair with small curls. elements, Flower Knows makes Gen Z females beauty dreams come true. Luvme Hair has developed thousands of products to suit different Its new products are displayed by themes and merged with fairy tale elements occasions, lengths, and hair types. After many attempts, they successfully such as unicorns, little angels, and strawberries. The gorgeous visual design developed 4C Edges, which create hairlines with the same curl and texture creates an immersive dreamlike world for its consumers. as African-American women''s hair, making wigs look more natural. Flower Knows'' products express attractive content that is very conducive to Luvme Hair has been well-received by black women in Europe and the US social media sharing and interaction. Each new series of products hits a new high in GMV both at home and abroad. because it is well-positioned to meet their needs. It allows them to express themselves easily and feel confident and charming by making it simple to change their hairstyle.Light Up The Natural Peace BLUETTI is a company that specializes in renewable energy storage and power solutions. They provide consumers with easy and efficient access to clean energy. In 2022, BLUETTI launched the BLUETTI Heroes documentary to document the lives of its users and showcase their stories and experiences with BLUETTI products. This has helped to bridge the gap between the company and its customers, and has also led to the discovery of new ways to use BLUETTI products in different home settings. Thanks to its excellent performance stability and convenient and efficient use, BLUETTI products are now used to charge a variety of electronics and household appliances, cook outdoors, play musical instruments, power electric tools on farms, and even keep animals warm and incubate eggs at night. Fully understand the target user group''s BLUETTI provides users with a more enjoyable and memorable life usage scenarios to achieve the best away from the hustle and bustle by accompanying them every day. It becomes an indispensable part of their lives. product performance and segmentation.04 MethodologyKantar BrandZ Chinese Global Brand Builders Top 50 To measure consumer perceptions of Chinese brands outside of China We created a four-step methodology that leverages Kantar BrandZ analytics and strong online survey capability with Google’s big data assets. Kantar BrandZ is the world’s leading source of brand equity and valuation knowledge, and Kantar owns the largest global consumer online panel (Kantar Profiles). In order to improve the data quality and enrich the insight analysis We upgraded our data collection for BrandZ modeling in 2023 by collecting from Kantar Profiles, which is the largest global panel in the industry with highly validated and permission-based respondents, as well as an advanced QC system. The sampling is more representative to reflect market reality. It also allows an apples-to-apples comparison between international brands and Chinese global brands within the categories. Furthermore, integration with consumer behavior data provided by Google helps to evaluate the brand performance in a total picture across categories and capture the real-time signal of brand growth.Kantar BrandZ Chinese Global Brand Builders Top 50 STEP 1: COUNTRY AND CATEGORY SELECTION Focusing on markets with future export potential as 2022, we We also selected a mix of 15 established and selected these 11 developed and emerging markets from different internet-driven categories in which Chinese brands have geographic regions: Australia, Brazil, France, Germany, India, been active in brand building overseas : Indonesia, Japan, Mexico, Spain, the UK, and the US. Alcoholic Drinks Smart Devices Beauty & Personal Care Art & Toys E-commerce Online Convenience Service Home & Garden Utility Apps Consumer Electronics Cars Home Appliances Content & Entertainment Apps The United Kingdom Online Fashion Mobile Gaming Electronic Accessories & Supplies Germany France The United States Spain Japan Mexico India Chinese brands and international brands together totally stand Indonesia Brazil Australia at least 80% market share in these categories.Kantar BrandZ Chinese Global Brand Builders Top 50 STEP 2: BRAND SELECTION AND QUALITY ASSURANCE Within the 15 categories, we selected Chinese brands based on the extensive Kantar BrandZ database and Google’s expertise. The Chinese brands met two eligibility criteria: 01 Each brand was created by an enterprise from Mainland China Brands acquired overseas by Chinese enterprises will be enclosed as Chinese global brands only if it is endorsed by its Chinese mother brand or the change of ownership after acquisition is clearly reflected in its external communications. 02 Each brand must derive a portion of revenue from overseas business In each category we also selected non-Chinese brands (local country brands and global brands). Kantar BrandZ experts in each relevant country market reviewed the preliminary lists of brands for accuracy. The preliminary list totaled 456 Chinese brands and 1854 non-Chinese brands. We conducted two rounds of research to measure levels of awareness and consideration for brands in this preliminary list in the 11 country markets. With the first round of research, we identified the brands highest in awareness and consideration. This exercise yielded our final list of 234 Chinese brands. Kantar BrandZ Chinese Global Brand Builders Top 50 STEP 3: MDS AND PRELIMINARY DEMAND POWER The second round of research was conducted on Kantar Profiles. The We calculated the Meaningful and Different scores of questionnaire follows the standard BrandZ questionnaire and the each brand based on survey answers. We determined preliminary Demand Power of each brand across the 11 country markets each brand’s Salient based on survey answers and the was calculated automatically from the standard modeling system of Kantar consumer behavior data provided by Google’s internal by category. Demand Power is a BrandZ metric of brand equity, the Brand Tracker tool, including traffic of the brand predisposition of consumers to choose a particular brand. website, active users of the brand’s apps, and the brand’s search index in Google and YouTube. Three ingredients comprise Demand Power: alient S Coming easily to mind in a buying situation ifferent D Being distinctive or trend setting eaningful M Meeting functional and emotional needs in relevant waysKantar BrandZ Chinese Global Brand Builders Top 50 STEP 4: STANDARDIZATION AND FINAL DEMAND POWER Once we had calculated the preliminary Demand Power score, we 01 leveraged the consumer behavior data Website traffic App active users Google & YouTube Search Index to adjust for the impact that variations of category size and market competition have on the Demand Power scores of the 234 Chinese brands. This adjustment yielded the final Demand Power scores that enabled us 02 to make fair comparisons across the 15 product categories and 11 country markets. We use these final Demand Power scores across the 11 country markets 03 to produce the Kantar BrandZ Chinese Global Brand Builders rankingKantar BrandZ Chinese Global Brand Builders Rising Stars To properly measure consumer perceptions of rising Chinese brands outside of China, we also combine Kantar BrandZ analytics with Google’s online reach and data gathering capabilities. STEP 1 STEP 2 STEP 3 BRAND SELECTION EXPERT EVALUATION DETERMINE RISING STARS For Rising Stars, the candidates come from the Kantar and Google experts with rich experience in The final 15 Kantar BrandZ Chinese Global preliminary brand list, but do not have enough relevant industries evaluate the 64 Chinese global Brand Rising Stars were arrived at by combining Demand Power to enter Top 50. We selected brands on the basis of brand business our survey data, consumer behavior data and brands with positive brand performance, performance in the past year, brand proposition expert evaluation results. measured by brand awareness and as industry challengers, as well as brand building consideration, growth of Google and YouTube strategies in overseas markets. Search index and consumer behavior data in the past 3 years. Meaningful (meeting functional and emotional needs in relevant ways) and Different (being distinctive or trend setting) help bond with consumers and promote healthy growth of Salient. Therefore, we also leveraged scores of Meaningful and Different as important indicators of quality growth. By evaluating and combining all these criteria, we yielded 64 Chinese global brands.05 Brand ProfilesKantar BrandZ 2023 Chinese Global Brand Builders Top 50 Name : Name : Name : Name : Name : ByteDance Ltd.(Cayman) Xiaomi Technology Co., Ltd. Lenovo Group Ltd. ROADGET BUSINESS PTE. LTD. Alibaba Group Holding Ltd. Year Formed : 2012 Year Formed : 2010 Year Formed : 1984 Year Formed :2012 Year Formed :1999 Headquarters : Global Headquarters : Beijing Headquarters : Beijing Headquarters :Global Headquarters :Hangzhou Through efforts and vision of offering premier Global Xiaomi, a consumer electronics and smart Lenovo Group is a global tech company with its SHEIN is a world-leading fashion and lifestyle online Launched in 2010, AliExpress is a global marketplace Creation and Interaction Platforms, ByteDance is manufacturing company, was founded in April 2010. business covering more than 180 markets. It has retailer. With the pursuit of technological innovation targeting consumers around the world and enabling committed to making the digital life of billions of Its core business is smartphones and smart hardware 82,000 employees and serves over 1 billion users and efficiency improvement, while effectively them to buy directly from manufacturers and people become more beautiful, efficient, and connected by an IoT platform. Xiaomi is one of the worldwide. As a global leading manufacturer of smart reducing inventory and reducing waste, SHEIN meets distributors in China and around the world. In addition interesting. The company now has a portfolio of world''s leading smartphone companies, ranking in the devices, Lenovo provides global users millions of the fashion needs of global consumers in terms of to the global English-language version, the AliExpress applications available in over 150 markets and 35 top 3 in global shipments. The company has also smart terminal devices, including PC, tablets, diversity, cost-effectiveness, and good service. SHEIN platform is also available in 17 other languages, languages, including TikTok, Helo, Douyin, Toutiao, established the world''s leading consumer AIoT smartphones, and so on. Currently Lenovo is divided currently directly serves consumers in more than 165 including Portuguese, Spanish and French. Top Xigua Video, Lark, and BytePlus. (AI+IoT) platform. into three business groups, namely IDG, ISG and SSG. countries and regions around the world. It is the most consumer markets where AliExpress is popular are the Focusing on global development, Lenovo has downloaded shopping app in the world in 2022. At United States, Brazil, France, and Spain. established an example for diversified corporate present, SHEIN has officially launched a platform culture and leading operating model in the industry. model, and cooperates with global sellers to better meet users'' online consumption needs.Kantar BrandZ 2023 Chinese Global Brand Builders Top 50 Name : Name : Guangdong OPPO Mobile Name : Name : Name : Huawei Technologies Co., Ltd. Telecommunications Corp., Ltd. Haier Smart Home Co., Ltd. Hisense Group Holdings Co., Ltd. vivo Mobile Communication Co., Ltd. Year Formed :1987 Year Formed :2004 Year Formed :1984 Year Formed :1969 Year Formed :2010 Headquarters :Shenzhen Headquarters :Dongguan Headquarters :Qingdao Headquarters :Qingdao Headquarters :Dongguan Founded in 1987, Huawei is a leading global provider OPPO, established in 2004, is one of the world''s leading Haier Smart Home Co., Ltd. founded in 1984, the Hisense is a leading consumer electronics vivo is a technology company that creates great of information and communications technology (ICT), smart device manufacturers and innovators with its leader of global major appliances and global smart manufacturer and one of the largest TV makers in the products based on a design-driven value, with smart infrastructure and smart devices. With nearly 195,000 business expanding to over 60 countries and regions home solutions, has been listed in Fortune Global 500 world. Hisense products are available in over 160 devices and intelligent services as its core. The employees, the company operates in more than 170 around the world. More than 40,000 OPPO employees for 5 consecutive years and has been ranked No.1 countries and regions. The company has also company aims to build a bridge between humans and countries and regions, serving more than three billion share a commitment to technological innovation. Global Major Appliances Brand for 14 consecutive established 66 overseas companies and offices, and the digital world. Through unique creativity, vivo people around the world. ColorOS includes a full spectrum of system applications years by Euromonitor International Limited. Haier owned 31 industrial parks in Qingdao, Shunde, provides users with an increasingly convenient mobile and serves 500 million users around the world. Smart Home owns 7 global premium home appliances Jiangmen, Slovenia, South Africa, Mexico, etc., as well and digital life. brands – Haier, Casarte, Leader, GE Appliances, Fisher as 23 research and development centers around the “While bringing together and developing the best & Paykel, AQUA, and Candy – and THREE WINGED world. local talents to deliver excellence, vivo is supported BIRD, the world’s first scenario brand. With 10+N R&D In 2022, Hisense maintained sound growth. The total by a network of R&D centers including Shenzhen, innovation ecosystems, 34 industrial parks, 117 operating revenue of Hisense group was CNY 184.9 Dongguan, Nanjing, Beijing, Hangzhou, Shanghai and manufacturing centers, 108 marketing centers, and billion and the total profits reached CNY 12.3 billion, Xi’an, focusing on the development of over 230 thousand sales networks, Haier Smart Home increased by 21%. The overseas income reached CNY state-of-the-art consumer technologies, including roots in nearly 200 countries and regions and serves 75.7 billion. The Hisense International Brand 5G, artificial intelligence, industrial design, around 1000 million user families. In 2022, the global accounted for more than 83%. With the display as the photography, and other up-and-coming technologies. revenue of Haier Smart Home was 243.5 billion RMB core, Hisense B2C business has always been at the vivo has also set up an intelligent manufacturing with a 7.2% YoY growth. The revenue of overseas forefront of the global industry. Hisense is also in the network (including those authorized by vivo), with an business was 125.4 billion RMB with a 10.3% YoY global leading place in B2B industries including annual production capacity of nearly 200 million growth. Intelligent Transportation, Precision Medicine, and smartphones. As of now, vivo has branched out its Optical Communications. Hisense is converting itself sales network across more than 60 countries and from a traditional "home appliance firm" to a regions and is winning more than 400 million users "high-tech company" by combining the home worldwide with its superior products and services. appliance and technology sectors.Kantar BrandZ 2023 Chinese Global Brand Builders Top 50 Name : Name : Name : Name : Name : TCL Tencent Holdings Ltd. Anker Innovations Technology Co., Ltd Chery Automobile Co., Ltd. OnePlus Technology Co., Ltd., Year Formed :1981 Year Formed :1998 Year Formed :2011 Year Formed :1997 Year Formed :2013 Headquarters :Huizhou Headquarters :Shenzhen Headquarters :Changsha Headquarters :Wuhu Headquarters :Shenzhen TCL was established in 1981. TCL started out Tencent is a world-leading internet and technology As a global leader in charging technology, Anker''s Chery Automobile is an automaker that exports its OnePlus focuses on building an international brand of producing magnetic tape and eventually expanded company. It mainly provides communication and social products cover chargers, data cables, power banks, products to more than 80 countries and regions. As of high-end flagship products, with markets in more the business to smart terminals production, services that connect more than one billion people portable power station, and other categories, now, the company has accumulated over 11.5 million than 30 countries and regions around the world. The semiconductor displays, new energy photovoltaic, around the world, helping them to keep in touch with providing global users with a fully charged life at all global users, with more than 2.5 million of them being company employs more than 2,000 people in 26 industrial finance, and investment. As of today, TCL friends and family, access transportation, and even be times. The epoch-making PowerIQ technology solves overseas users. Chery has maintained its position as countries, with representative offices in Shenzhen, has established 48 research center and development entertained. On the other hand, Tencent publishes some the problem of compatibility of different charging the number one Chinese brand for passenger New York, Bangalore, and London, as well as R&D (R&D) organizations, and 32 anufacturing bases of the world''s most popular video games and other protocols, and one charger can realize fast charging vehicles for 20 consecutive years. The company has centers in China and India. From 11 countries, 26 cities, globally, and operates in over 160 countries and high-quality digital content, enriching interactive of everything; the pioneering application of gallium over 10 production and KD bases domestically and more than 20,000 members participated in Pop-up regions around the world. It has become a leading entertainment experiences for people around the globe. nitride materials to chargers has set off a gallium internationally. It also has established six research and events organized by OnePlus. More than 22 million company with global influence. In 2022, TCL’s revenue nitride charging revolution in the entire industry. More development centers in Wuhu, Shanghai, Europe, members from 196 countries around the world have reached RMB 260 billion with overseas revenue than 200 million products are sold to 146 countries North America, Brazil, and other countries and joined the OnePlus community. accounting for 41%. TCL achieved TV sales volume and regions around the world. In 2022, the Anker regions. Currently, the company has more than market share of 11.7%, ranking top 2 in the world. TCL brand will achieve a global revenue of 6.876 billion 50,000 employees, with over 10,000 of them being CSOT ranked 2nd globally in market share of TV yuan, a year-on-year increase of 23.84%. professional R&D personnel. In 2022, Chery Group''s panels. TCL will accelerate its progress towards the cumulative sales of automobiles reached a historic vision of "To become a global leading intelligent high of 1,232,727 units, with a year-on-year growth technology group". rate of 28.2%. Among them, exports exceeded 451,000 units, with a year-on-year growth rate of 67.6% for the whole year.Kantar BrandZ 2023 Chinese Global Brand Builders Top 50 Name : Name : Name : Name : Name : Shenzhen DJI Technology Co., Ltd. Beijing Kuaishou Technology Co., Ltd miHoYo Co., Ltd. TP-Link Technologies Co., Ltd. Great Wall Motor Co., Ltd. Year Formed :2006 Year Formed :2011 Year Formed :2011 Year Formed :1996 Year Formed :1984 Headquarters :Shenzhen Headquarters :Beijing Headquarters :Shanghai Headquarters :Shenzhen Headquarters :Baoding DJI was founded in 2006, it has developed into a In 2011, Kuaishou heralded a new era of short videos. Founded in 2011, miHoYo creates products and TP-Link is a global provider of reliable networking Great Wall Motor provides global users with intelligent leader in technology, imaging and educational Through 12 years of relentless efforts, we have made experiences that are out of the imagination. Beyong devices and accessories ,In addition to the existing and green mobility services and has been solutions in the era of space intelligence. Since its short videos well received and beloved by more and games like Houkai Gakuen2, Honkai Impact3, Tears of main core fields such as transmission, switching, and accelerating its transformation into a global intelligent establishment, DJI''s business has expanded from UAV more people. We have hundreds of millions of daily Themis, Genshin Impact, miHoYo is also known for the routing, TP-LINK products are vigorously expanding technology company. It runs a business of vehicles systems to diversified product systems and has active users every day, and we maintain this vibrant dynamic desktop spftware N0va Desktop, the the fields of smart home, smart building, artificial and parts, covering design, R&D, production, sales, become a world-leading brand in many fields such as and trustworthy community through continuous community product HoYolab, and related IP across intelligence, cloud computing, edge computing, etc., and services, and owns Haval, Wey, Ora, Tank, Great UAVs, handheld imaging systems, robot education, extending of ecosystem building. We also continue to animation, comics, music and merchandises. The to provide systematic equipment, solutions and Wall pickup, and so on, with production and sales and intelligent driving. It defines the connotation of improve user experience, enhance the service upcoming Honkai: Star Rail and Zenless Zone Zero are overall services. The company is headquartered in across the world. GWM has built the energy-and "Made in China" and continuously innovates products capabilities of advertisers and empower e-commerce also widely followed by global gamers. Shenzhen, China, with sales and service centers in 21 intelligence-oriented Forest Ecosystem. In the field of and solutions in more cutting-edge fields. DJI is merchants, while striving to create value for our Under the mission of "Tech Otakus Save The World", central cities such as Beijing, Shanghai, and new energy, GWM focuses on three directions, innovation-oriented. Based on talents and partners, stakeholders. Kuaishou is committed to building the miHoYo remains committed to technology research Guangzhou, and overseas direct subsidiaries or including hybrid electric, battery electric, and DJI thinks about customer needs and solve problems, most heartwarming and trustworthy community, and development, exploring cutting-edge technology representative offices in 44 countries and regions. hydrogen energy. In terms of intelligent driving and has been respected and affirmed by the global improving people’s well-being with technology, and and developing industry-leading capabilities in the The products have been used in more than 170 technology, GWM makes efforts on the whole market. At present, DJI employs 14,000 people helping more people live and thrive in the digital age. fields of animation redering, artificial intelligence, and countries worldwide. industry chain of intelligent driving, intelligent space, around the world. In addition to the Shenzhen cloud gaming. and intelligent chassis. It has also built an headquarters, it has offices in Beijing, Shanghai, Xi''an, Headquartered in Shanghai, miHoYo has 5,000 industry-leading energy system of "photovoltaic + Hong Kong, Tokyo, Los Angeles, San Francisco, employees spread across global offices in Singapore, distributed energy storage + centralized energy Rotterdam, Frankfurt, and other places, supporting United States, Canada, Japan, and Korea. storage", and covered the entire value chain of "solar more than 100 countries and regions around the energy - battery - hydrogen energy - vehicle power". world from sales and service network. GWM has worldwide sales network, covering more than 170 countries and regions with more than 700 overseas sales channels and overseas sales of more than 1.15 million vehicles. Kantar BrandZ 2023 Chinese Global Brand Builders Top 50 Name : realme Mobile Name : Name : Name : Name : Telecommunications (Shenzhen) Co., Ltd BYD Co Ltd SAIC MAXUS Automotive Co., Ltd. Positec Machinery (China) Co., Ltd. Honor Device Co., Ltd. Year Formed :2018 Year Formed :1995 Year Formed :2011 Year Formed :1994 Year Formed :2013 Headquarters :Shenzhen Headquarters :Shenzhen Headquarters :Shanghai Headquarters :Suzhou Headquarters :Shenzhen realme is committed to be a trendsetting technology BYD is a leading technology company devoted to Founded on March 21, 2011, SAIC MAXUS Automobile Worx Professional Power Tools is a high-end power HONOR is a leading global provider of smart devices. brand and has the aspiration of providing products leveraging innovations for a better life. BYD''s business Co., Ltd. is a wholly-owned subsidiary of SAIC Motor tool brand created by Postel Group for users in the Every HONOR smartphone is subject to strict quality with a comprehensive superior experience for the layout covers the fields of electronics, automotive, Co., Ltd. SAIC MAXUS took the lead in introducing the professional field. As a high-end professional tool controls and must pass over 400 product tests and young. As one of the world''s fastest-growing new energy and rail transportation, from energy C2B user co-creation customization model into the brand, Worx represents four meanings: reliable, over 20 global certification standards before smartphone brands, realme stands firmly among the acquisition, storage, and application, to building automotive industry and became an automotive professional, durable and practical. So far, Worx has launching. HONOR has over 13,000 employees, out of mainstream smartphone brands. At present, realme zero-emission new energy solutions. BYD has more company that implemented the C2B strategic been sold in the UK, Denmark, Sweden, Norway, which 60% are R&D staff. The company owns more has entered 61 markets worldwide, including Asia, than 30 production bases in the world, and its deployment. Through business model and business Thailand, Malaysia, Singapore, the Philippines, South than 3,000 service centers and 9 regional call centers, Europe, Oceania, Middle and East Africa, etc. products entered more than 400 cities in more than model innovation, SAIC MAXUS is committed to Korea, and other countries and has been recognized providing premium and efficient services to 70 countries and regions on six continents. It is the becoming a crossover enterprise that is "user-driven, and trusted by professionals. The international brand customers in over 100 markets. first Chinese auto brand to enter developed markets provides globally competitive automotive products image and leading product design, coupled with in Europe, the United States, Japan and South Korea. and life services, and creates value for users". It aims strong production and technical force, have ensured a to build an efficient and innovative team, create compound annual growth of more than 35% in the products with market competitiveness, build brands Chinese market of Worx professional tools in the past with international influence, and realize sustainable five years. development of employees and enterprises. Become the leader of the domestic market and a strong competitor in the global market. In terms of overseas markets, the global dealership network of SAIC MAXUS has been initially established, forming five key core markets, covering 73 countries and regions around the world, with cumulative overseas sales of 250,000+ units. Developed countries such as Australia, New Zealand, Britain, and Ireland have become the main sources of overseas sales. SAIC MAXUS is striving to become the first choice of Chinese cars in the world''s developed countries.Kantar BrandZ 2023 Chinese Global Brand Builders Top 50 Name : Name : Name : Name : Shanghai Lilith Network Name : Arashi Vision Inc. Lynk & Co. Automobile Sales Co., Ltd Braid (Beijing) Technology Co., Ltd. Technology Co., Ltd. Midea Group Co., Ltd Year Formed : 2015 Year Forme :2017 Year Forme :2013 Year Forme :2013 Year Forme :1968 Headquarters :Shenzhen Headquarters :Hangzhou Headquarters :Beijing Headquarters :Shanghai Headquarters :Foshan Insta360 is a world-class intelligent imaging brand "Born global, open and connected", Lynk & Co is a Magic Tavern is a global game developer and Lilith Games is an innovative game developer and Midea is a sci-tech conglomerate that specializes in committed to helping people better capture and high-end global brand co-founded by Geely Holding publisher with over 100 million total users and over 10 publisher and acquired more than 100 million users Smart Home Business, Industrial Technologies, share their lives. Since 2019, Insta360 has been the Group, Geely Auto Group and Volvo Cars. Driven by a million monthly active players. The company aims to around the world. It has launched titles like Rise of Building Technologies, Robotics &Automation, and world''s leading panoramic camera brand with a spirit of challenging conventions, Lynk & Co has create and deliver happiness by producing games Kingdoms, AFK Arena, Dislyte and Art of Conquest. Digital Innovation Business. Midea has 35 R&D centers market share of over 40%. Its products are exported developed a range of products with high aesthetics, with global influence. Its recent games such as Lilith is led by its "driven by design" and "globalization" and 40 major production bases in the world with to over 200 countries and regions worldwide, with performance, technology, safety, and value. As of Machington Mansion and Project Makeover are strategies to build a game experience that exceeds 160,000 employees globally. Its products and over 2 million hardware users. April 2023, Lynk & Co has established more than 300 popular worldwide. Magic Tavern has more than 400 users expectations. On the other hand, Lilith has been services benefit about 500 million consumers in over Insta360 is dedicated to the concept of "Think bold" global dealerships, steadily advancing its European employees and offices in many cities at home and building partnerships with talented game studios 200 countries and regions. and continuous innovation in the field of intelligent and Asia-Pacific strategies, achieving a positive abroad. The founding team consists of industrial everywhere in the world. The company has over With the vision of “bringing great innovations to life,” imaging. It has built a rich product line from consumer development model both domestically and veterans mostly, as well as talents from Tsinghua 2,000 employees globally, out of which more than Midea adheres to the new strategy of “Technology grade to professional grade, including panoramic internationally. With a vision to "changing mobility University, Berkeley, EA, Square Enix, Google, etc.. 500 from different culture and nationality Leadership, Direct to Users, Digitization & Intelligence cameras, action cameras, video conferencing forever" Lynk & Co confidently strides onto the world They have rich experience of international operations backgrounds work in R&D, design, art and other Driven, Global Impact” and strives to become the equipment, handheld photography equipment, and stage with its personal, open, and connected in R&D, operation, publishing and so on. professional areas. world''s leader in smart home and enabler of smart professional-grade VR cameras. Through a approach. manufacturing. comprehensive product system, Insta360 meets the imaging needs of consumers in different scenarios and provides advanced intelligent imaging solutions for various industries. By combining AI and imaging, Insta360 is driving new trends in intelligent imaging and building a new future.Kantar BrandZ 2023 Chinese Global Brand Builders Top 50 Name : Name : Name : Name : Name : Beijing Roborock Technology Co., Ltd. Geely Auto Group DianDian Interactive Holding FunPlus IM30 TECHNOLOGY LIMITED. Year Formed : 2014 Year Formed : 1997 Year Formed : 2010 Year Formed : 2010 Year Formed : 2015 Headquarters : Beijing Headquarters : Hangzhou Headquarters : Beijing Headquarters : Switzerland Headquarters : Beijing Beijing Roborock Technology Co., Ltd. founded in July Geely Auto Group is a leading automobile Century Games has offices in Beijing, Shanghai, and FunPlus is a company with extensive influence in the IM30 creates interesting, social strategy games that 2014, is an intelligent hardware manufacturer focusing manufacturer. The group manages several leading San Francisco with more than 1000 employees from field of global games and interactive entertainment, are engaging and fun for the long term. It was on technological innovation. Robotock is also the first brands including Geely Auto, Lynk & Co, Zeekr, and over 20 countries and houses eight internal studios. with offices in Switzerland, Beijing, Shanghai, established in March 2015 by a team with experience floor sweeping robot brand to achieve real-time Geometry. It is also the global strategic partner to Since its inception in 2010, the company has released Chengdu, Guangzhou, Tianjin, San Francisco, at some of the largest gaming and internet display of high-precision maps, and the fastest floor Malaysian national automaker PROTON. The group a number of Facebook Canvas Games, including Barcelona, etc. More than 2,000 employees from companies in the world. Our mission is to create a fun sweeping robot brand in the world to reach 1 million employs more than 50,000 people, operates 12 Family Farm, Royal Story, and Happy Acres. Family more than 20 countries and regions, and the and positive environment for our players and Game sales, only in 16 months. The company is plants, five global R&D centers and also boasts four Farm ranked first in social games among Asian game localization of products is supported in 23 languages. Creators and establish a company that is independent headquartered in Beijing, with R&D and branch offices global design studios. In 2022, the brands under Geely developers on Facebook’s platform. Large-scale It is famous for its quality games and art styles and built to last. In our first 6 months, we went from an in Shanghai and Shenzhen. Our international office in Auto Group management sold over 1.43 million units, strategy game "King of Avalon" became a bestseller in worldwide, especially in Europe and the United States, idea to over 1 million daily active users. IM30 has since Hong Kong is home to our global team, with staff with Geely Auto see its sales exceed one million for 67 countries and has been the only Chinese game its business covers more than 200 countries and produced a range of popular games, including Last from all over the world. It has five offices in Beijing, six consecutive years, new energy vehicle sales that topped the US bestseller list twice. regions, and there are more than 100 million players Empire - War Z, Last Shelter: Survival, World of Shanghai, Shenzhen, Changsha, and Hong Kong. In increasing more than double, and exports growing around the world. Witchcraft, Rise of Empire, MR ZOMBIE and Galaxy addition to the domestic market, in the overseas 72.4%. Wars. market, Stone Technology takes advantage of the potential market size and high-quality products, focusing on the development of the United States, Europe and Southeast Asia markets. Roborock is building a global distribution network to cover countries and regions where it has established operations as well as underserved and untapped markets with significant demand. At the same time, Roborock has gradually set up local branches and overseas companies in major overseas markets. At present, Stone Technology has set up overseas companies in the United States, Japan, the Netherlands, Poland, Germany, South Korea, and other places.Kantar BrandZ 2023 Chinese Global Brand Builders Top 50 Name : Anhui Jianghuai Automobile Name : Name : Name : Name : Group Corp., Ltd. DiDi Global Inc. HABBY PTE.LTD. Tsingtao Brewery Co., Ltd. Ecovacs Robotics Co., Ltd. Year Formed : 1999 Year Formed : 2012 Year Formed : 2018 Year Formed : 1903 Year Formed : 1998 Headquarters : Hefei Headquarters : Beijing Headquarters : SINGAPORE Headquarters : Qingdao Headquarters : Suzhou Anhui Jianghuai Automobile Group Co., Ltd. is a DiDi Global Inc. is the world’s leading mobility Habby, a global mobile gaming studio with hit titles Tsingtao produces and sells beer and other related ECOVACS ROBOTICS is one of the pioneers in service comprehensive automobile enterprise that integrates technology platform. It offers a wide range of such as Survivor.io, Archero, SSSnaker and more! products. At present, the brand occupies the leading robots R&D and manufacturing with the ambition of R&D, production, and sales of a full range of app-based services across markets including Habby is a combination of Happy and Hobby and so position in China''s domestic beer market both in being top tier robotics company in the world. It commercial vehicle, passenger vehicle and Asia-Pacific, Latin America and Africa, including ride we’re dedicated to make gaming a hobby that brings terms of size and market share with 62 wholly owned upholds its Mission of "Robotics for All". Since it was powertrain, and covers many fields such as ride hailing, taxi hailing, chauffeur, hitch and other forms of people happiness and provides everyone with a fun and controlled breweries, and two associated and founded in 1998, ECOVACS has delved deep into the hailing/sharing and financial services. Products are shared mobility as well as auto solutions, food interactive experience regardless of their age, culture joint-investment breweries. Tsingtao is also the insights and analysis of service robot usage scenarios exported to more than 130 countries and regions delivery, intra-city freight and financial services. or background. best-known Chinese brand on the international and experiences, focusing on the research, design, around the world, with more than 1,000 sales and DiDi provides car owners, drivers and delivery market. and manufacturing of globally leading home and service outlets, into Mexico, Italy, Turkey and other partners with flexible work and income opportunities. commercial service robot solutions, promoting high-end markets. It is committed to collaborating with policymakers, high-quality smart lifestyles and production. Over two the taxi industry, the automobile industry, and the decades of exploration in the service robot market, communities to solve the world’s transportation, ECOVACS has earned worldwide user recognition for environmental and employment challenges through its determination to break through the boundaries of the use of AI technology and localized smart products and services. transportation innovations. DiDi strives to create better life experiences and greater social value, by building a safe, inclusive, and sustainable transportation and local services ecosystem for cities of the future.Kantar BrandZ 2023 Chinese Global Brand Builders Top 50 Name : 37 Interactive Entertainment Name : Name : Name : Name : Technology Co., Ltd. Loctek Ergonomic Technology Corp. Trip.com Group Limited Kunlun Tech Co. ,Ltd Shenzhen Transsion Holdings CO.,LTD. Year Formed : 2011 Year Formed : 1998 Year Formed : 1999 Year Formed : 2008 Year Formed : 2013 Headquarters : Guangzhou Headquarters : Ningbo Headquarters : Shanghai Headquarters : Beijing Headquarters : Shenzhen 37 IE is a game developer/distributor and online FlexiSpot imagines, designs, and brings to life Trip.com Group is a leading global travel service Kunlun Tech has gradually formed five major Infinix was founded in 2013 with the commitment of education provider. The company also actively ergonomic solutions that help people lead a healthier provider comprising of Trip.com, Ctrip, Skyscanner, businesses, including overseas information building stylishly designed cutting-edge technology expands its business to other areas such as and more productive life. Our innovative R&D team is and Qunar with the mission "to pursue the perfect trip distribution and metaverse platform Opera, overseas with a focus on smart devices built to deliver fantastic metaverse, film and music production, animation, composed of forward-thinking engineers who use the for a better world". Across its platforms, Trip.com social entertainment platform StarX, Global mobile smartphone experiences. Infinix products are made pan-cultural and entertainment media, new latest technology to turn their ideas into viable Group helps travellers around the world make game platform Ark Games, Leisure and entertainment from the ground up with next-level technology & consumption, and so on. 37 IE has branch offices in products that make productivity healthier in the informed and cost-effective bookings for travel platform XIANLAIHUYU, and equity investment Kunlun exceptional design at the core of every creation. Beijing, Shanghai, Guangzhou, Anhui, Hubei, Hainan, office and home. products and services. Trip.com Group technology Capital. As of the first half of 2022, the global average Infinix’s brand spirit aims at empowering the lives of Jiangsu, Sichuan, Hong Kong, Europe, America, Japan, enables partners to connect their offerings with users monthly active users reach 400 million. The market today’s youth so they can challenge the norm and Korea and Southeast Asia. through the aggregation of comprehensive covers China, Europe, Southeast Asia, The Middle stand out from the crowd all around the world. The travel-related content and resources, and an East, North America, South America, Africa, and other Infinix brand and product is present all around the advanced transaction platform consisting of apps, places. Kunlun Tech was listed on the Shenzhen Stock world with a key focus on emerging markets including websites and 24/7 customer service centers. Founded Exchange in China in 2015. Africa, Latin America, the Middle East, Southeast Asia in 1999 and listed on NASDAQ in 2003 and HKEX in and South Asia. 2021, Trip.com Group has become one of the best-known travel groups in the world, with the vision "to be the world''s leading and most trusted family of online travel brands that aspires to deliver the perfect trip at the best price for every traveler".Kantar BrandZ 2023 Chinese Global Brand Builders Top 50 Name : Name : NINGBO HOOYA IMP.& Name : Name : Shanghai Ruogu Information Name : Guangzhou Popicorns LightInTheBox EXP.GROUP CO.,LTD. EcoFlow Inc. Technology Co., Ltd. Technology Co., Ltd. Year Formed : 2007 Year Formed : 1998 Year Formed : 2017 Year Formed : 2014 Year Formed : 2012 Headquarters : Global Headquarters : Ningbo Headquarters : Shenzhen Headquarters : Shanghai Headquarters : Guangzhou LightInTheBox is a global online retail company that Hooya Group, founded in Ningbo in 1998, is a EcoFlow is a leading eco-friendly energy solutions MangaToon launched its app in July 2018 for reading Homary is an international home furnishings online delivers products directly to consumers around the cross-border e-commerce enterprise driven by company with the vision to power a new world. Since comics & manga and novels. It is a popular platform platform, primarily operating furniture, bath, lighting, world. Founded in 2007, LightInTheBox has offered innovation and technology. It launched the Costway its founding in 2017, EcoFlow aims to become a and a community of interest for global users. decor, etc. Connecting millions of consumers with customers a convenient way to shop for a wide brand in 2011 and aspires to become a world-class reliable and trusted energy companion for individuals MangaToon provides quality comics, manga, novels, worldwide recognized top manufacturers, we have selection of lifestyle products at attractive prices furniture and diverse home products brand. With a and families across the world, providing accessible and animation content. The app has over 4,000 users been committed to providing the most exquisite through www.lightinthebox.com, global network of branches and overseas robust and renewable power solutions at home, outdoors, in total a year after its launch and has become a home products in the best quality and the most www.miniinthebox.com, and other websites, which warehouse infrastructures, Costway leverages its and in mobile spaces. Today, with operational leader in the global comic market in terms of total diversified ranges at affordable prices since 2012. are available in multiple major languages. supply chain advantages to source and sell products headquarters located in the USA, Germany, and users, active users, user retention, in-app purchase, Homary stands for the customer as the most trusted LightInTheBox offers products in the categories of worldwide, while utilizing a data-driven approach to Japan, EcoFlow has empowered more than 2.5 million and so on. destination for home products, we want to help every apparel and other general merchandise. The company deliver exceptional customer experiences. Furniture, users in over 100 markets worldwide. homelover to create their own lifestyle and better offers products in the three core categories of outdoor, kitchen, appliances, decor, baby & kids, living environment at home. Homary now is present in apparel, small accessories and gadgets and home and health & beauty, etc., 10+ categories, 10,000+sku, it over 10 countries and regions, including North garden. LightInTheBox''s innovative data-driven sells furniture, but more than just furniture. To date, it America, the UK, Europe, and Australia, offering business model allows itself to offer customized has served over 50 million households around the round-the-clock customer service to assist its global products, such as wedding dresses and evening world and achieved an annual sales revenue clientele. Homary is devoted to bringing the best dresses, at scale for optimal marketing, exceeding 1.8 billion. Costway believes every home is home products to more places around the world. merchandising, and fulfillment. versatile——with multi-style possibilities. Based on furniture and going beyond, Costway does not just fulfill living demands, but inspires, accompanies, and delights.Kantar BrandZ Chinese Global Brand Builders Rising Stars Name : Guangzhou Shenyi Information Name : SHENZHEN POWEROAK Name : Guangzhou Rantion Name : Hangzhou Flower Knows Name : Technology Co., Ltd. NEWENER CO.,LTD Technology Co., Ltd. Electronic Commerce co. ,Ltd Nanjing LilySilk Trading Co., Ltd. Year Formed : 2021 Year Formed : 2013 Year Formed : 2009 Year Formed : 2016 Year Formed : 2010 Headquarters : Guangzhou Headquarters : Shenzhen Headquarters : Guangzhou Headquarters : Hangzhou Headquarters : Nanjing BloomChic is a digital-first fashion and lifestyle BLUETTI has been devoted into solar energy storage Since 2009, Donner has been committed to creating Flower Knows was founded in China in 2016 and is Renowned for its exceptional home and clothing destination for modern women sizes 10-30. True to its system for years and is committed to be a global new experiences in music and performance. As a committed to creating fairy-tale makeup and products, meticulously crafted using genuine silk and slogan: "Live with Ease, Dress with Joy," the company energy storage leading brand. BLUETTI attaches high pioneer of innovative instruments and electronics, we providing dreamy themes for all women with a girlish other high-end natural materials, LILYSILK has gained exists to enable mid- and plus-size women to easily importance to research and development, exploring were among the first to introduce the mini guitar heart. So far, Flower Knows has expanded its business worldwide recognition among discerning consumers. find clothes that fit her and are a fit for her life. forward to provide its clients overall solutions for pedals. The company is dedicated to research, to Southeast Asia, Japan, Europe, and the United LILYSILK''s commitment to excellence has garnered an BloomChic offers affordable, stylish, and comfortable energy storage. At present, there are three major manufacturing, and the sale of musical instruments of States, accelerating its expansion into the global extensive customer base spanning 150 countries, a clothes thoughtfully made for her curves: dressed in product series, namely portable emergency power all kinds. Relying on a strong and efficient R&D team, market. As of October 2022, Flower Knows entered testament to the brand''s unparalleled craftsmanship BloomChic, she feels beautiful, joyful, empowered, supply, household solar energy storage power supply Donner has gradually earned a reputation for its more than 1,000 Japanese stores and won the 2021 and premium offerings. Backed by a passionate team and self-expressed. and commercial photovoltaic energy storage power high-quality and affordable musical instruments and Shopee Seller Awards. of over 200 professionals, the company remains supply. BLUETTI has customers all over the world accessories. steadfast in its pursuit of redefining luxury living throughout the United States, Japan, the European standards. As LILYSILK continues to enhance its global Union, Australia, and other more than 100 countries presence and champion sustainability, it remains and regions. dedicated to delivering intricately designed products that embody elegance, sophistication, and an unwavering commitment to uncompromising quality.Kantar BrandZ Chinese Global Brand Builders Rising Stars Name : Guangzhou Leermei Name : Name : PETKIT Network Technology Name : Beijing Pop Mart Cultural Name : Information Technology Co., Ltd Shanghai Ruixiu E-Commerce Co., Ltd. (Shanghai) Co., Ltd. Creative Corp., Ltd. RiverGame Limited Year Formed : 2014 Year Formed : 2011 Year Formed : 2013 Year Formed : 2010 Year Formed : 2018 Headquarters : Guangzhou Headquarters : Shanghai Headquarters : Shanghai Headquarters : Beijing Headquarters : Beijing Luvme is dedicated to creating uncompromising Founded in 2012, NEIWAI, meaning ''inside and PETKIT, founded in 2013, embraces the mission of POP MART, founded in 2010, is an industry-leading Founded in 2018 and headquartered in Beijing, quality and ready to go wigs that are both outside,'' seamlessly blends aesthetics and "The Technology That Cares" and is dedicated to pop culture and art toy company. With the industry’s RiverGame is an internet mobile game developer with comfortable and fashionable , and is passionate functionality for styles that are ''Made To Live In.'' Our developing smart products for pets, encouraging a rapid growth, POP MART has set foot in more than 25 260 employees and 15 million users. RiverGame has about empowering women of all ages and thoughtful range of lingerie, loungewear, and better human-pet life. With a decade of focus on the countries and regions including South Korea, Japan, been committed to developing and marketing the backgrounds to express their unique personalities activewear prioritizes quality and comfort that moves pet tech field, PETKIT has now become the top brand Singapore ,the United States, Canada, the United mobile games to the global market. Its products have and slay every day. The team designs each wig with with you throughout your day. We unite the luxurious in the domestic market for pet smart products, with Kingdom, France, and Australia, and has accumulated entered Japan, Russia, and many other European and the latest fashion trends and is meticulously feel of our premium fabrics with innovative designs, over 400 patents and serving millions of pet millions of fans around the world. By the end of 2022, American countries. Top War is the core product of convenient to ensure lasting glamours, and comfort. fostering a state of ease and harmony, inside and out. households. Its products are available in over 30 POP MART operates over 300 offline stores and over RiverGame and is a Cartoon-style batterfield SLG There are up to thousands of products to greatly countries worldwide. 2000 Roboshops, with more than 4000 employees game featured with the merge gameplay. meet the needs of customers for different styling worldwide. POP MART, whose tagline are "To Light up choices. The exclusive development of "no glue edge Passion and Bring Joy," has established a platform of lace wig" makes the effect more natural and real. In integrated operations covering the entire industry addition, Luvme highlights its "100% source of real chain of designer toys. The POP MART business human donations" in each product. mainly focuses on global artist development, IP operation, consumer access, art toy culture promotion, innovation business incubation and investment. The company has many well-known IP, such as MOLLY, SKULLPANDA, DIMOO, THE MONSTERS, HIRONO and so on, and launched many of fan-favorites to secure many loyal and high-quality customers. Likewise, POP MART works with multiple famous brands to create pop-culture products based on classical characters that appeal to fans worldwide.Kantar BrandZ Chinese Global Brand Builders Rising Stars Name : Name : Name : Name : SAIC GM Wuling AUTOMOBILE Name : TAIRUO TECHNOLOGY TEMU Tineco Intelligent Technology Co., Ltd. Hangzhou Ulike Technology Co., Ltd. Company Limited (BEIJING) CO.,LTD. Year Formed : 2022 Year Formed : 2018 Year Formed : 2013 Year Formed : 1998 Year Formed : 2017 Headquarters : Shanghai Headquarters : Suzhou Headquarters : Hangzhou Headquarters : Liuzhou Headquarters : Beijing TEMU is a global e-commerce platform which landed In 2018, the brand TEK was upgraded to TINECO and Founded in 2013, Ulike is a leading providers of home Wuling Principally engages in the trading and Founded in 2017, Xreal first received worldwide in the United States in September 2022. In 2023, TEMU the brand goes to sea for the first time, opening the beauty devices, selling over 4 million units in 17 manufacturing of automotive components, vehicles’ recognition when it debuted Xreal Light in early 2019, gradually expanded its business in Canada, Australia, global layout. Tineco has been distributed in domestic countries worldwide. It is determined to solve the hair power supply systems and commercial vehicles the first ever AR glasses for consumers. Not only did it New Zealand, and European markets. At present, and foreign markets, products popular in the United removal problems of women worldwide and has assembly. Aiming at grasping the tremendous feature a revolutionary design, but it was also the first TEMU has served users in ten countries around the States, Canada, Japan, Germany, France, Italy, Spain, developed portable, professional, and pain-free laser business opportunities arising from the rapidly AR glasses connected to the mobile content world. More than 10 million merchants are on the Russia, Australia, Asia Pacific, the Middle East and hair removal devices designed to give consumers a growing global automobile supply chain industry, ecosystem. To date, Xreal has more up to 400 platform, covering over 200 product categories. other countries and regions, sales channels covering salon-grade experience in the comfort of your home Wuling has provided high-quality vehicles and employees and has raised more than US$240m from Upholding the philosophy of "Consumers first, online and offline, products sold in 108 countries and (or hotel room!). By 2023, Ulike has more than 200 mobility services for over 1 million users around the reputable VC firms and industry leaders, Nreal is Inclusion and diversity, Integrity, Socially responsible", regions, serving nearly 50 million families around the global patents. world. It has equipped with the production and leading the world in the revolutionary AR TEMU is committed to providing the most affordable, world. The group has nearly 1,000 patented management capability of over 2 million sets of transformation and is the only company that has high-quality products, connecting consumers with technologies worldwide, including nearly 300 automotive parts and components, 800,000 auto launched consumer AR glasses on a global scale. sellers, manufacturers, and brands worldwide for a invention patents. Brand mission: to create a dream engines and 200,000 automobiles annually. Wuling Widely recognized for its superior display technology better life. TEMU will continue to innovate and life with intelligent technology. Its mission is creating has joint manufacturing base in Liuzhou, Qingdao, and product design, Xreal has established increase its business scale, share the diverse and the life everyone wants using smart technologies. Chongqing, Guiyang, and so on, as well as overseas partnerships with more than 10 world-renowned cost-effective products, and the fun of social parts and components manufacturing bases in India carriers and brought its product to 6 countries to e-commerce with global consumers. and Indonesia. date.06 Teams & AcknowledgementsBen Wong Rita Chen Tommy Zhuang Google team CMO, Greater Research Manager, Head of Retail, China, Google APAC Consumer and Marketing Large Customer Sales, Insights, Google China, Google These individuals created the Michelle Zhang Chen Ling Shanshan Sheng report, providing research, Head of analytics and insights team, Senior Product Marketing Manager, Head of Tech, Automobile & Mobility, Large Customer Marketing, Greater China, Google Large Customer Sales, analysis and insight, editorial, China, Google China, Google photography, production, Shanhong Chen Fan Lin George Mao marketing, and communications. Product Marketing Manager, Large Principal analytical lead, Retail, Vice President, Customer Marketing, China, Google China, Google China, Google Will Li Wei Ni Chuxiao Wang Product Marketing Manager, Large Analytical Lead, Retail Industry, Apps Pod Industry Manager, Customer Marketing, China, Google Large Customer Sales, China, Google China, Google Rachael Powell Rachel Yu Lei Guo Head of Consumer & Market Insights, Communications Manager, AppDev Head Manager (App), Ads Research, APAC, Google China, Google Greater China, Google Deborah Ko Hui Deng Senior Research Manager, Managing Director, APAC Consumer and Marketing Large Customer Sales, Insights, Google China, Google Thanks also to: Andy Lai, Charlotte Ma, Grace Luo, Haixiao Pan, Hillary Nie, Huan Zhang, Iris Zeng, Iris Zhang, Nancy Zheng, Olivia Liu, Ricky Shi, Rohan Gifford, Rui Zhou, Sevy Ling, Shirley Wang, Siyang Wang, Thomas Zhu, Vince Jin, Yaqi Wang, Yi Gu, Yusi Wang, Yvonne WangDoreen Wang Lindsay Lyu Jessica Chen KANTAR team Kantar Greater China CEO, Associate Account Manager, Marketing Lead, Global Chairman of BrandZ Kantar Insights Kantar China These individuals created the Rosy Li Bridget Wu Vesper Wang report, providing research, Head of Client Service, Senior Product Manager, Associate Makerting Manager, Kantar Insights Kantar China Kantar China analysis and insight, editorial, photography, production, Jollin Wu William Ou Raam Tarat marketing, and communications. Marketing and Communication Director, Managing Director, Global Projects Director, Kantar China Guangzhou Kantar Insight BrandZ, Kantar Ileana Yang Daphne Hsieh Halina Bromberg Group Account Director, MD of High-Tech Cluster, BrandZ Marketing Director, Kantar Insights Kantar Greater China Insights Division Jemma Ye Xiaoyu Du Account Director, Project Manager, Kantar Insights Kantar China Thanks also to: Emma Bao, Jessica Deng, Mark Breen, Lily Liu, Jossie WeeFor further information on Kantar BrandZ products and services, please contact: Kantar BrandZ Contact Details Doreen Wang Kantar Greater China CEO Global Chair of BrandZ Established in 1998 and constantly updated, Kantar database of Doreen.Wang@kantar.com brand analytics and equity is the world’s largest, containing Jollin Wu Marketing and Communication Director Kantar China 4.2 million 20,100 54 Jollin.Wu@kantar.com consumer brands markets interviews Kantar BrandZ country reports contain unparalleled market knowledge, insights, and thought leadership about the world’s most exciting markets. |
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