The "2024 Hurun Brand List" was released today, and the top ten most valuable Chinese private brands in 2024 were released. According to the top ten list, the value of the top five private brands exceeds 100 billion yuan. in,Douyin surpassed WeChat, reaching 245 billion yuan, and topped the list of "Most Valuable Private Brands".

The brand value of Douyin increased by 50 billion yuan, becoming the brand with the largest increase in value this year. It ranked second among the most valuable Chinese brands in 2024, second only to Moutai.

Huawei and Xiaomi return to the top ten.Huawei's brand value has increased by 40 billion yuan, with a brand value of 83 billion yuan, ranking 7th among the top ten private brands in China. Xiaomi's brand value increased by 27 billion yuan, with a brand value of 73.5 billion yuan, ranking 9th.

In addition, Pinduoduo’s brand value is 205 billion yuan, firmly ranking third. BYD's brand value is 120 billion yuan, rising to fourth place.