Amazon, Apple & Alibaba are the most disruptive companies: KPMG Report

On October 30, 2019, KPMG (Klynveld Peat Marwick Goerdeler), a global network of professional services firm, released a report titled “Disruptive companies and business models”, in which it stated that Amazon, Apple & Alibaba are the most disruptive companies. More than 740 technology industry business leaders were surveyed globally.
Key Points:
i.Along with the top 3 companies, DJI, Google, Netflix, Airbnb, Microsoft, Facebook, and Baidu made into the Top 10.
ii.E-commerce platforms were ranked first in the list of most-disruptive business models over the next 3 years, followed by social networking.
iii.Global e-commerce spending is expected to increase from US$3.5 trillion in 2019 to $6.5 trillion in 2023.
iv.Among tech business leaders, Google Chief Executive Officer (CEO) Sundar Pichai topped the list, followed by Tesla and SpaceX CEO Elon Musk.
v.Among the favorite apps, Social media apps secured the first position, followed by Google/Google Chrome, with Facebook, Instagram, YouTube, and Twitter, WhatsApp (tied).
About KPMG:
♦ Founded: 1987
♦ Headquarters: Zug, Switzerland; Amstelveen, the Netherlands
♦ Chairman & CEO: Bill Thomas