World's top 10 firms with most market value gains in 2020

World's top 10 firms with most market value gains in 2020

Financial Time ranked 2020's top 100 companies based on a percentage gain with a floor of a $10 billion market value at the start of 2020, using data from the S&P Global. The news portal said China outperforms the US, with 36 companies in the list, and technology-based companies accounted for majority of those in the ranking.

Now, let's take a look at the top 10 companies with highest increase in market value:

No. 10 Twilion, US

Increase in market value: 279 percent
End of 2020 market value: $51 billion

The logo of Twilion, a San Francisco-based company which provides communications technologies. [Photo from twilio.com]

No. 9 Pinterest, US

Increase in market value: 291 percent
End of 2020 market value: $41 billion

A woman uses her phone as a banner celebrating the IPO of Pinterest Inc hangs on the front of the New York Stock Exchange in New York, on April 18, 2019. [Photo/Agencies]

No. 8 LONGi Green Energy Technology, China

Increase in market value: 296 percent
End of 2020 market value: $53 billion

LONGi's employees maintain a solar power station at Tongxin county, Ningxia Hui autonomous region, in Northwest China, in September 2018. [Photo provided to China Daily]

No. 7 Shanxi Xinghuacun Fen Wine Factory Co, China

Increase in market value: 346 percent
End of 2020 market value: $50 billion

Products of Shanxi Xinghuacun Fen Wine Factory Co. [Photo/IC]

No. 6 CrowdStrike, US

Increase in market value: 357 percent
End of 2020 market value: $47 billion

The logo of CrowdStrike, a cyber security software company. [Photo/crowdstrike.com]

No 5 BYD, China

Increase in market value: 359 percent
End of 2020 market value: $78 billion

Workers work on the assembly line at a factory of vehicle manufacturer BYD Auto in Xi'an, Northwest China's Shaanxi province, on Feb 25, 2020. [Photo/Xinhua]

No. 4 Pinduoduo, China

Increase in market value: 396 percent
End of 2020 market value: $218 billion

A display at the Thomson Reuters building shows a message after Chinese online group discounter Pinduoduo Inc was listed on the Nasdaq exchange in Times Square in New York, July 26, 2018. [Photo/Agencies]

No. 3 Zoom Video, US

Increase in market value: 413 percent
End of 2020 market value: $96 billion

A couple celebrates Thanksgiving with friends by having dinner together over a Zoom video call in New York City, on Nov 22, 2020. [Photo/Agencies]

No. 2 Sea Group, Singapore

Increase in market value: 446 percent
End of 2020 market value: $102 billion

The logo of Sea Group, which has three core businesses: gaming, e-commerce and digital payment. [Photo/seagroup.com]

No. 1 Tesla

Increase in market value: 787 percent
End of 2020 market value: $669 billion

Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, on Jan 7, 2020. [Photo/Agencies]

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