A report by the Financial Times reported a list of companies whose market value has increased as a percentage of their market capital, with a minimum market capitalization of at least $ 10 billion.
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Chinese companies had the upper hand in the list that included 100 companies and Al-Arabiya.net reduced it to 20 companies, as China acquired 36% compared to 30% for American companies. p>
The following is a list of the top 20 companies in 2020:
1. Tesla touches the clouds
The report showed that technology companies had the upper hand, yet Tesla topped the list after its market value rose from $ 75 billion at the beginning of the year, by 9 times With the joining of the SP500 index, its market capitalization is higher than the next seven auto companies in the ranking combined at $ 669 billion.
Tesla is expected to produce around 500,000 cars over the course of a year - half the amount Elon Musk predicted in 2016. But it has now posted a profit in five consecutive quarters. < / p>
2. Sea group
Southeast Asia's most valuable company has demonstrated resistance to the coronavirus in all three of its core businesses: gaming, e-commerce and digital payments.
The mobile game Free Fire won millions of new players in 2020 while its Shopee platform became the most downloaded e-commerce app in the region Sea is now moving deeper into finance After recently obtaining a digital banking license in Singapore. But the company is still struggling to make a profit, with net losses widening in the third quarter.
the company's market value rose 446% to $ 102 billion in 2020.
3- zoom
Zoom has become synonymous with communication during the pandemic. Within a year, the number of customers who had at least 10 employees had jumped nearly fivefold.
The company's market value increased by 413% during 2020, ending the year at the level of $ 96 billion.
4. Pinduoduo
The rise of the e-commerce group has been driven by the epidemic that has resorted to ...
