The Google logo is seen at the Google headquarters in Mountain View, California November 13, 2015. [Photo: China Daily]

Search giant Google has replaced iPhone makers Apple to be the world’s most valuable company in the Brand Finance’s Global 500 2017 report.

Google’s brand is now worth more than 109 billion U.S. dollars, around 2 billion dollars more than Apple, making it the most lucrative in the world.

This marks the first time that Google has topped the list since 2011.

After Google and Apple, are Amazon, AT&T and Microsoft.

A total of 16 Chinese companies are in the top 100 on the list, including China Mobile, Alibaba and Tencent.

Ranked 10th position, Industrial and Commercial Bank of China is the highest ranking Chinese company on the list.

Source: CRI

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