While the US more or less maintains its position, other countries such as Japan, Korea and Russia have been relegated from the list over the past five years due to China’s stratospheric rise as a technology superpower.
Alibaba, Tencent and ANT Financials — all make it into the top ten, and while all three are growing at a fast clip, they haven’t yet been able to displace US giants Apple, Amazon, Alphabet, Microsoft and Facebook.
The technology universe is now binary. In just 5 year, all of the top 20 technology companies are Chinese and American.
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