Technology Magazine April 2021 | Page 151

WeChat
Verizon
TOP TEN

“[ WeChat ] is perhaps the quintessential example of the Asian phenomenon of the “ super app ”

08

WeChat

Brand Value :
$ 67.9bn
WeChat is owned by Tencent , the prior entry on this list , and is perhaps the quintessential example of the Asian phenomenon of the “ super app ”, integrating a wide variety of functions into one programme . These include messaging , social media and payment functions , as well as games and other services . Its popularity in China is not matched elsewhere , where it has run into conflict - including attempts to ban it in the US and India .

07

Verizon

Brand Value :
$ 68.89bn
One of the so-called “ Baby Bells ” spun off from the monopolous AT & T in 1983 , telecommunications firm Verizon was originally known as Bell Atlantic . In 1996 , the company underwent a merger with NYNEX , a fellow Baby Bell covering the north-eastern United States , moving its headquarters to New York at the same time . Its current name was gained in the merger with GTE , which was historically the largest telephone provider outside of the Bell System .
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