According to a recent PricewaterhouseCoopers (PwC) report, the total market capitalisation of the world’s 100 most valuable companies increased by 15 percent from a year ago to $20 trillion as on March 31, 2018. With a $278 billion increase, Amazon is the biggest gainer followed by Tencent (up by $224 billion) and Alibaba (up by $201 billion). The Chinese firms are also the new entrants in the top 10 most valuable companies.
Advertisement
Apple, which saw an increase of $98 billion in its market cap, remains the most valuable public company. No Indian firm made it to the list.
Naini Thaker is an Assistant Editor at Forbes India, where she has been reporting and writing for over seven years. Her editorial focus spans technology, startups, pharmaceuticals, and manufacturing.
