Ad Age World's Largest Advertisers 2020

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Database of Ad Age World's Largest Advertisers (December 2020).

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Prime time: Amazon is now Earth's biggest advertiser
The pandemic punched a hole in budgets for even the most successful marketers, but Ad Age World's Largest Advertisers report found a few that ratcheted up 2020 spending
Analysis by Bradley Johnson

Ad Age World's Largest Advertisers 2020 presentation
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Top 100 marketers by total worldwide advertising in 2019. Click Ad Age World's 100 Largest Advertisers to see ranking.

Tencent Holdings [This record free to all users]

Worldwide advertising spending $2.38 billion

44
  • TOTAL WORLDWIDE AD SPENDING
    WorldwideYear ended 12/31/2019Year ended 12/31/2018% chg
    Total worldwide advertising spending (U.S. dollars in millions)$2,376$2,999-20.8
    Click the Profiles tab at the top of this page to read more about this marketer. Source: Ad Age Datacenter. Total worldwide advertising spending: Promotion and advertising expenses.
    WORLDWIDE AD SPENDING AS PERCENT OF SALES
    YearAd costs ($ in millions)Worldwide ad spending as percent of sales
    2014949.67.4
    2015935.65.7
    20161,388.66.1
    20172,022.15.7
    20182,999.46.3
    20192,376.14.3
    Ad costs:

    Stated worldwide "promotion and advertising expenses" converted to U.S. dollars by Ad Age Datacenter at average exchange rates.

    2018: 19.806 billion renminbi.
    2017: 13.661 billion renminbi.
    2016: 9.219 billion renminbi.
    2015: 5.814 billion renminbi.
    2014: 5.833 billion renminbi.

    Ad spending as percent of sales:

    Worldwide "promotion and advertising expenses" as percent of worldwide "revenues."
    MEASURED-MEDIA SPENDING BY REGION IN 2019
    By region ($ in millions)20192018% chg
    Africa0.0NANA
    Asia and Pacific4.32.849.7
    Europe0.0NANA
    Latin America0.0NANA
    Canada0.0NANA
      Subtotal media outside the U.S.4.32.849.7
      U.S. media spending0.10.2-26.1
      Worldwide measured media$4.4$3.045.7
    For data sources by country, click Sources tab at top of page. U.S. measured media from Kantar Media.
    SALES AND EARNINGS ($ in millions from public documents)
    Tencent Holdings (HKG: 0700)
    WorldwideYear ended 12/31/2019Year ended 12/31/2018% chg
    Sales$54,647$47,35415.4
    Earnings13,51511,92113.4
    GEOGRAPHIC SALES (year ended 12/31/2019)
    Region ($ in millions)Year ended 12/31/2019Year ended 12/31/2018% chg
    Mainland China52,22445,98613.6
    Others2,4231,36977.0
    DIVISION SALES (year ended 12/31/2019)
    Division or segment sales ($ in millions)Year ended 12/31/2019Year ended 12/31/2018% chg
    Value-added services28,96726,7518.3
    Fin tech and business services14,68011,07632.5
    Online advertising9,9048,79512.6
    Others1,09673249.8
    Connections
    Tencent Holdings
    Ticker: HKG 0700
    Tencent Binhai Building, No.33 Haitian Second Road, Nanshan District, Shenzhen, China 518054/Phone: 86 755 8601 3388.
    URL: https://www.tencent.com
    Twitter: @TencentGlobal
    Divisions, key executives and agencies

AbbVie

Adidas

Aeon Co.

Alibaba Group Holding

Alphabet (Google)

Amazon

American Express Co.

Anheuser-Busch InBev

Ant Group Co.

Apple

Astellas Pharma

AT&T

Baidu

Bank of America Corp.

Bayer

Berkshire Hathaway

BMW Group

Booking Holdings

Capital One Financial Corp.

Chanel

Charter Communications

Citigroup

Coca-Cola Co.

Colgate-Palmolive Co.

Comcast Corp.

Compagnie Financiere Richemont

Coty

Daimler

Danone

Dell Technologies

Deutsche Telekom (T-Mobile US)

Diageo

eBay

EssilorLuxottica

Estee Lauder Cos.

Expedia Group

Facebook

Fiat Chrysler Automobiles

Ford Motor Co.

General Motors Co.

GlaxoSmithKline

Heineken

Henkel

Home Depot

Honda Motor Co.

Hyundai Motor Co.

IBM Corp.

Inner Mongolia Yili Industrial Group Co.

Johnson & Johnson

JPMorgan Chase & Co.

Kao Corp.

Kering

Kia Motors Corp.

Kirin Holdings

L'Oreal

LG Electronics

LVMH Moet Hennessy Louis Vuitton

Macy's

Mars Inc.

Maxingvest (Beiersdorf)

McDonald's Corp.

Merck & Co.

Microsoft Corp.

Molson Coors Beverage Co.

Mondelez International

Nestle

Netflix

Nike

Nissan Motor Co.

PepsiCo

Pernod Ricard

Pfizer

Procter & Gamble Co.

Progressive Corp.

PSA Group

Rakuten

RB (Reckitt Benckiser Group)

Recruit Holdings Co.

Renault

Restaurant Brands International

Rewe Group

SAIC Motor Corp.

Samsung Electronics Co.

Sanofi

Schwarz Gruppe (Lidl)

Seven & i Holdings

Sony Corp.

State Farm Mutual Auto Insurance Co.

Suntory Holdings (Beam Suntory)

Target Corp.

Toyota Motor Corp.

Uber Technologies

Unilever

Verizon Communications

ViacomCBS

Volkswagen

Walmart

Walt Disney Co.

Yum Brands

Marketer profiles for Ad Age World's 100 Largest Advertisers in 2019

Tencent Holdings [This record free to all users]

Worldwide advertising spending $2.38 billion

44
  • Marketer profile
    Click here to see company's total worldwide advertising spending, measured-media spending by region, key executives and agencies.

    Overview:

    Tencent Holdings Ltd. is an internet services firm operating in China.

    Tencent is incorporated in the Cayman Islands.

    Marketing spending:

    Worldwide ad spending:

    Total worldwide ad spending figures shown in the Ad Age World's Largest Advertisers report and related database are Tencent's stated worldwide "promotion and advertising expenses" converted to U.S. dollars by Ad Age Datacenter at average exchange rates.

    Stated worldwide promotion and advertising expenses:

    2019: 16.405 billion renminbi ($2.376 billion).
    2018: 19.806 billion renminbi ($2.999 billion).
    2017: 13.661 billion renminbi ($2.022 billion).
    2016: 9.219 billion renminbi ($1.389 billion).
    2015: 5.814 billion renminbi ($936 million).
    2014: 5.833 billion renminbi ($950 million).

    Deals and strategic moves:

    Tencent Music Entertainment Group:

    Tencent Music Entertainment Group in December 2018 completed an initial public offering in the U.S. for American depositary shares. Tencent Holdings remains the controlling shareholder in Tencent Music Entertainment Group.

    Tencent Music operates Chinese music apps QQ Music, Kugou and WeSing.

    Snap:

    Snap, owner of U.S.-based messaging app Snapchat, in November 2017 disclosed that Tencent had purchased an approximately 12% stake in Snap.

    Tencent was an investor in pre-IPO Snap, which had its initial public offering in March 2017.

    In a U.S. regulatory filing in November 2017, Snap said:

    "We have long been inspired by the creativity and entrepreneurial spirit of Tencent and we are grateful to continue our longstanding and productive relationship that began over four years ago. For its part, Martin Lau, Tencent's president, informed us that Tencent is excited to deepen its shareholding relationship with us, and that it looks forward to sharing ideas and experiences."

    In Snap's annual regulatory filing for year ended December 2019, Snap said: "Because Tencent is not obligated to disclose changes in its ownership of our Class A common stock, we cannot confirm whether it still owns such shares and there can be no assurance that you, or we, will be notified of any changes to their ownership of such shares."

    Tesla:

    Tencent as of year-end 2017 owned a 4.97% stake in Tesla, a U.S.-based marketer of electric cars and solar panels.

    Tencent as of March 2017 owned about a 5% stake in Tesla.

    Tencent initially bought about a 2.2% Tesla stake in 2016 for about $737 million and then acquired additional stock.

    Supercell:

    Tencent in October 2016 bought a stake in Supercell, a mobile game developer in Finland. Tencent bought an additional stake in 2019. Supercell became a Tencent subsidiary in October 2019.

    Stock:

    Naspers, an internet, entertainment and media company based in South Africa, owned a 31% stake in Tencent as of year-end 2019 through an entity, MIH TC, controlled by Naspers, according to Tencent's annual report.

    Naspers owned a 33.17% stake as of year-end 2017, according to Tencent's annual report.

    Naspers owned a 33.25 %stake as of year-end 2016, according to Tencent's annual report.

    Naspers owns its Tencent stake through a Naspers-controlled entity called MIH TC Holdings. Naspers in 2001 bought its stake in then-obscure Tencent for $32 million. That stake as of November 2017 was worth $166 billion.

    https://www.tencent.com

AbbVie

Adidas

Aeon Co.

Alibaba Group Holding

Alphabet (Google)

Amazon

American Express Co.

Anheuser-Busch InBev

Ant Group Co.

Apple

Astellas Pharma

AT&T

Baidu

Bank of America Corp.

Bayer

Berkshire Hathaway

BMW Group

Booking Holdings

Capital One Financial Corp.

Chanel

Charter Communications

Citigroup

Coca-Cola Co.

Colgate-Palmolive Co.

Comcast Corp.

Compagnie Financiere Richemont

Coty

Daimler

Danone

Dell Technologies

Deutsche Telekom (T-Mobile US)

Diageo

eBay

EssilorLuxottica

Estee Lauder Cos.

Expedia Group

Facebook

Fiat Chrysler Automobiles

Ford Motor Co.

General Motors Co.

GlaxoSmithKline

Heineken

Henkel

Home Depot

Honda Motor Co.

Hyundai Motor Co.

IBM Corp.

Inner Mongolia Yili Industrial Group Co.

Johnson & Johnson

JPMorgan Chase & Co.

Kao Corp.

Kering

Kia Motors Corp.

Kirin Holdings

L'Oreal

LG Electronics

LVMH Moet Hennessy Louis Vuitton

Macy's

Mars Inc.

Maxingvest (Beiersdorf)

McDonald's Corp.

Merck & Co.

Microsoft Corp.

Molson Coors Beverage Co.

Mondelez International

Nestle

Netflix

Nike

Nissan Motor Co.

PepsiCo

Pernod Ricard

Pfizer

Procter & Gamble Co.

Progressive Corp.

PSA Group

Rakuten

RB (Reckitt Benckiser Group)

Recruit Holdings Co.

Renault

Restaurant Brands International

Rewe Group

SAIC Motor Corp.

Samsung Electronics Co.

Sanofi

Schwarz Gruppe (Lidl)

Seven & i Holdings

Sony Corp.

State Farm Mutual Auto Insurance Co.

Suntory Holdings (Beam Suntory)

Target Corp.

Toyota Motor Corp.

Uber Technologies

Unilever

Verizon Communications

ViacomCBS

Volkswagen

Walmart

Walt Disney Co.

Yum Brands

Top 10 marketers by country in 2019 (U.S. dollars in millions) in 80 countries and markets. Sources are listed under the country name. Click the plus sign to expand.

Hungary [This record free to all users]

Kantar Hungary

  • Measured media spending20192018% chg
    GlaxoSmithKline324.3120.5169.2
    Ferrero303.5169.679.0
    Sanofi291.0189.153.8
    Procter & Gamble Co.261.6176.947.9
    Coca-Cola Co.178.077.1131.0
    Dante International176.093.488.4
    Auchan169.776.3122.4
    Bayer168.9126.733.2
    Ceconomy164.378.0110.7
    NorgesGruppen146.6104.440.4

    Figures are in millions of U.S. dollars. Data from Kantar Hungary.

    http://www.kantarmedia.hu

Argentina

Australia

Belarus

Belgium

Benin

Bosnia and Herzegovina

Brazil

Bulgaria

Burkina Faso

Canada

Chile

China

Colombia

Costa Rica

Croatia

Cyprus

Czech Republic

Denmark

Ecuador

Ethiopia

Finland

France

Georgia

Germany

Ghana

Greece

Guatemala

Indonesia

Ireland

Italy

Ivory Coast

Japan

Kazakhstan

Kenya

Latvia

Lithuania

Luxembourg

Malaysia

Mali

Mauritius

Mexico

Moldova

Mozambique

Nepal

Netherlands

New Zealand

Nicaragua

Nigeria

Norway

Panama

Paraguay

Peru

Philippines

Poland

Portugal

Puerto Rico

Romania

Russia

Rwanda

Senegal

Serbia

Singapore

Slovak Republic

Slovenia

South Africa

South Korea

Spain

Sri Lanka

Sweden

Taiwan

Tanzania

Thailand

U.K.

U.S.

Uganda

Ukraine

Uruguay

Vietnam

Zambia

Media-measurement companies by country

Links to sources

By country. Click the plus sign to expand.

ABOUT AD AGE WORLD'S LARGEST ADVERTISERS 2020

34th annual global report, produced by Ad Age Datacenter.

The complete Ad Age World's Largest Advertisers 2020, including top 100 ranking and Global Marketers database, is available online exclusively to Ad Age Datacenter subscribers at AdAge.com/globalmarketers2020. Online content includes:

-- Ad Age World's Largest Advertisers 2020 ranking: Ad Age's exclusive ranking of the 100 biggest spenders based on total worldwide advertising spending.

-- Ad Age World's Largest Advertisers 2020 database:Global Marketers database with profiles, ad spending, executives and key agencies for world's 100 biggest spenders.

-- Top marketers by country: Rankings based on measured-media spending.

Methodology for Ad Age World's Largest Advertisers: Spending for Ad Age World's Largest Advertisers from Ad Age Datacenter estimates and company disclosures. Total worldwide advertising spending encompasses advertising, marketing services (including promotion and direct marketing) and digital marketing (including social media). Figures are based on calendar 2019 results or, for companies on fiscal years, the most recent fiscal year ended on or before June 30, 2020. Numbers rounded. Ad Age translated currencies to U.S. dollars at average exchange rates.

Methodology for top marketers by country and regional ad spending by marketer: Spending calculated by Ad Age Datacenter using measured-media data contributed by media tracking services covering nearly 80 countries and markets. Primary sources of data by country include Kantar; Nielsen; Ibope (Latin America); AGB Nielsen Media Research, and Ipsos (Africa). (See each country or the source links tab for links.) In some cases, monitoring services are licensees or partners of Nielsen or Kantar. Other independent companies also supplied data. Interpublic Group of Cos.' McCann and IPG Mediabrands and WPP's Wunderman Thompson and GroupM contributed significantly to the report.

To determine the top advertisers in each country, Ad Age Datacenter started with measured-media listings from monitoring services that ranged from as few as five advertisers in smaller countries to as many as 500 advertisers in larger countries. Ad Age Datacenter aggregated spending by parent company.

Most measured-media lists per country were by gross rate-card ad rates. Ad Age Datacenter adjusted some markets' gross media expenditures to reflect a market's global media volume among all countries. Ad Age translated currencies to U.S. dollars at average exchange rates.

Related content: Ad Age Leading National Advertisers 2020, which ranks marketers by total U.S. spending; and Ad Age Marketer Trees 2020, a database of the Ad Age Leading National Advertisers' top 100 spenders.

Datacenter directors: Bradley Johnson, Kevin Brown. Senior research editor: Catherine Wolf. Research assistants: Nadia Alexandra, Bennett Judd, Joy R. Lee.

-- Questions? Comments? Updates? Contact us: [email protected]
-- This database was last updated Dec. 7, 2020.
-- Archive of Global Marketers reports: 1997 to present.

© Copyright 2020 Crain Communications Inc. The data and information presented is the property of Crain and others and is protected by copyright and other intellectual property laws. For personal, noncommercial use only, which must be in accordance with Ad Age's Terms and Conditions at AdAge.com/terms. Archiving, reproduction, redistribution or other uses are prohibited. For licensing arrangements, please contact mailto:[email protected].