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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.
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.
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(This story appears in the 03 August, 2018 issue of Forbes India. To visit our Archives, click here.)