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Home Business Industries

Jio became the world’s 5th strongest brand; Ahead of companies like Apple, Amazon and Alibaba

Business News by Business News
January 28, 2021
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Reliance Jio 5th Strongest Brand
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Reliance Jio 5th Strongest Brand: Reliance Jio, the telecom arm of Reliance Industrial, has not even been 5 years and has become the 5th strongest brand in the world.

Reliance Jio 5th Strongest Brand: Reliance Jio, the telecom arm of Reliance Industrial, has not yet been even 5 years old and has become the 5th strongest brand in the world. It has been reported in a report titled Brand Finance Global 500 2021. Jio’s BSI score is 91.7 out of 100 and has an Elite AAA + brand rating. Jio is ahead of many known companies in this list. In this list, the Chinese mobile app WeChat has been ranked first.

Jio, formed in September 2016, is the fastest-growing telecom company in the world. It has taken less than 5 years to become the 5th strongest brand in the world. Jio currently has a customer base of over 40 crores. It is the largest mobile network operator at the domestic level, while the third-largest mobile network operator in the world.

Axis Bank can get up to 58% return, despite pressure on profit, shares become brokerage’s choice

These companies included in the top 5

Talking about the top 5, there are 4 companies ahead of Jio. The first number among them is the Chinese mobile app WeChat. WeChat has a 95.4 Brand Strength Index (BSI) score out of 100. At the same time, it also has an Elite AAA + rating.

After this, the second number includes Auto Giant Ferrari, which has got a 93.9 BSI score. At number three is the Russian brand Sber with a BSI score of 92. While at number four is Coca Cola, which has a BSI score of 91.7.

Ahead of these companies

In this ranking, Jio is ahead of companies like Apple and Amazon. At number six is ​​Deloitte, whose BSI score is 91. At number 7 is LEGO, which is 90.2. Amazon is number 8 with a BSI score of 89.7, while Disney is at number 9 with a score of 89.9 while EY is at number 10 with a BSI score of 89.6.

Also Read: Budget 2021: Market Expectations! Infra, agriculture, manufacturing will get boost; May sound covid cess

Tags: alibabaamazonApplebrand finance global 500 2021 reportCokejio customer basereliance industryReliance jioreliance jio 5th strongest brandtelecom businessWeChat
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