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In the 鈥榖attle of the brands鈥�, tech companies continue their domination. China and its big tech companies are proving the driving force behind Asia鈥檚 regional value growth this year.

According to on the most valuable brands in Asia by Kantar Millward Brown, 80 percent of the brands that made it into the list this year were Chinese and five of the Chinese brands are technology-related. Tencent was named Asia鈥檚 most valuable brand. The behemoth is a leading provider of internet services in China and its brand value amounted to approximately 179 billion U.S. dollars in 2018.