Facebook named 'Top Growing Brand' of 2016
Social networking site Facebook has been named 2016's 'Top Growing Brand' by brand consultancy Interbrand, with a 48% year-on-year increase in its brand value to $32.59 billion (around ₹2.17 lakh crore). E-commerce major Amazon (33%) and toy company Lego (25%) were ranked second and third respectively. Notably, Facebook was also ranked 15 on Interbrand's 2016 list of 'Best Global Brands'.