By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Lifestyle UgandaLifestyle UgandaLifestyle Uganda
  • Home
  • News
    • International News & Politics
    • Education
    • Sports
    • Money & Finance
    • Mobile and Telecommunication
    News
    Get breaking news, music updates, and celebrity stories from Uganda and East Africa. Stay informed with Lifestyle Uganda—your insider source for real-time industry updates.
    Show More
    Top News
    Lycamobile Uganda data bundles and voice (1)
    Lycamobile Uganda: 4 Most Frequently Asked Questions & Answers
    4th April 2025
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    5th October 2023
    lifestyleug.com__Airtel Uganda revises its double data bundle offers (1)
    Airtel Uganda Is Now Offering Double Data Bundles for Its Smartphone Users
    Sponsored by
    TK Makeup Empire
    Latest News
    Body of Cedric Babu Returns to Uganda as Nation Prepares to Say Goodbye
    4th June 2025
    Bill Gates Pledges Majority of $200 Billion Philanthropy to Africa, Citing Urgent Need and Promising Innovation
    4th June 2025
    Suicide Bomber Intercepted Near Catholic Shrine in Uganda, Had Deep ADF Ties
    4th June 2025
    Kampala Queens book Champions League spot with Super League triumph
    3rd June 2025
  • Business
  • Entertainment
    • Music
    • Celebrity
    • Biography
    • Lifestyle
      • Fitness
      • Pop Culture
      • Travel/Culture
    Entertainment
    Stay up-to-date with Lifestyle Uganda Entertainment—the latest news, celebrity gossip, films, and TV shows from Uganda, Nigeria, Kenya, and South Africa.
    Show More
    Top News
    Lycamobile Uganda data bundles and voice (1)
    Lycamobile Uganda: 4 Most Frequently Asked Questions & Answers
    4th April 2025
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    5th October 2023
    The Short-Story of How Pia Pounds Got Famous Will Make You Love Her Even More
    14th April 2025
    Latest News
    Body of Cedric Babu Returns to Uganda as Nation Prepares to Say Goodbye
    4th June 2025
    South Africa’s Tyla lands spot on star-studded ‘Smurfs’ soundtrack
    4th June 2025
    Remembering Cedric Ndilima Babu: Memorial & Funeral Programme Released for Late Sports and Media Figure
    3rd June 2025
    Tanzanian Stars Diamond Platnumz and Zuchu Confirm Marriage in Private Islamic Ceremony
    2nd June 2025
  • Fashion
    • Beauty Trends
    • Accessories
    • Hair
    • Lipstick
    • Makeup
    • Skincare
    FashionShow More
    Mental health advocate Hasset Dereje shines at Miss World, secures Africa title.
    Ethiopia’s Hasset Dereje Named Miss World Africa and First Runner-Up at 72nd Miss World Pageant
    2nd June 2025
    Natasha Nyonyozi honoured at Miss World 2025 for autism advocacy.
    9
    Natasha Nyonyozi Wins ‘Beauty with a Purpose’ Africa at Miss World 2025
    31st May 2025
    Natural hair takes centre stage in Uganda.
    Natural Hairstyles in Uganda: The Beauty of Texture, Twists, and Timeless Trends
    26th May 2025
    This is how Zari Hassan does soft power dressing.
    Zari Hassan Just Gave Us a Masterclass in Power Dressing with Modesty — and We’re Taking Notes
    19th May 2025
    Lydia Jazmine addresses body-shaming comments.
    Lydia Jazmine speaks out against body shaming after edited photos spark backlash
    9th May 2025
  • Health & Living
  • Tips & Advice
Search
© 2023 Lifestyle Uganda. All Rights Reserved.
Reading: China’s Anta May Soon Overtake Adidas in Market Value
Share
Sign In
Notification Show More
Font ResizerAa
Lifestyle UgandaLifestyle Uganda
Font ResizerAa
  • Home
  • News
  • Business
  • Entertainment
  • Health & Living
Search
  • Home
  • News
    • International News & Politics
    • Education
    • Sports
    • Money & Finance
    • Mobile and Telecommunication
  • Business
  • Entertainment
    • Music
    • Celebrity
    • Biography
    • Lifestyle
  • Fashion
    • Beauty Trends
    • Accessories
    • Hair
    • Lipstick
    • Makeup
    • Skincare
  • Health & Living
  • Tips & Advice
Have an existing account? Sign In
Follow US
© 2023 Lifestyle Uganda. A Now & Entertainment Media Company. All Rights Reserved.
Lifestyle Uganda > Blog > News > China’s Anta May Soon Overtake Adidas in Market Value
NewsSports

China’s Anta May Soon Overtake Adidas in Market Value

Editorial Staff
Last updated: 21st January 2023 1:36 pm
By
Editorial Staff
ByEditorial Staff
Get exclusive celebrity updates featuring Jose Chamelone, Sheebah, Azawi, and Eddy Kenzo, plus the latest music news—only on Lifestyle Uganda.
Follow:
Share
3 Min Read
lifestyleug.com__anta overtake adidas
The current growth rate of Anta will soon overtake Adidas in market capitalization, trailing only Nike. PHOTO via @Sports Illustrated
SHARE

Anta’s market capitalization is approximately $64.3 billion, just behind Adidas $74 billion. It is expected that Anta’s market capitalization will overtake Adidas in the near future.

lifestyleug.com__anta overtake adidas
The current growth rate of Anta will soon overtake Adidas in market capitalization, trailing only Nike. PHOTO via @Sports Illustrated

KAMPALA | LIFESTYLE UGANDA — As of this writing, Anta may soon overtake Adidas in terms of market valuation: Adidas (https://www.adidas.com/us) is currently valued at around $74 billion, while Anta (https://ir.anta.com/en/index.php) is valued at about $64 billion.

Anta has been catching up to its German competitor at a faster and faster pace than Adidas despite having significantly higher revenue – $23.5 billion USD versus $5.5 billion USD in 2020.

Anta’s market value increased by 157 per cent, bringing it to $64 billion USD, while Adidas’s market value grew by 39 per cent to $74 billion USD over the past year.

A financial data platform called FactSet estimates Adidas’ market cap at approximately $74 billion at the time of this writing, though not far behind it is Anta, China’s largest sports company, which is listed on the Hong Kong stock exchange and has a market cap of approximately $64 billion.

- Advertisement -

If Anta continues to grow at the present rate, it will soon overtake Adidas as the second most valuable sports company in the world, behind only Nike with a market capitalization of $256 billion.

According to some analysts, the growth can be attributed to a trend where Chinese consumers prefer to purchase products from local brands over foreign counterparts.

More Read

Body of Cedric Babu arrives in Uganda as tributes pour in for sports and media figure.
Body of Cedric Babu Returns to Uganda as Nation Prepares to Say Goodbye
Bill Gates Pledges Majority of $200 Billion Philanthropy to Africa, Citing Urgent Need and Promising Innovation
Suicide Bomber Intercepted Near Catholic Shrine in Uganda, Had Deep ADF Ties
Kampala Queens book Champions League spot with Super League triumph
dfcu Foundation targets women and youth in national development drive

The Chinese market alone was worth $46 billion USD in 2020 and represented 16 per cent of all sales worldwide, and by 2025, HSBC expects the market to reach $93 billion USD, representing 21 per cent of global sales.

At the same time, Anta also experienced a surge of popularity from domestic buyers following a boycott of overseas products like Adidas or Nike in response to concerns about forced labor in Xinjiang.

Despite China’s denial of these claims, there has been a backlash against what many in the country believe are false accusations coming from foreign brands.

- Advertisement -
Pitbull Invested in Peloton’s Rival Echelon Fitness
Uganda’s Football Stars to Be Honoured as MTN FUFA Awards Return in May
The Sit down with Yana: Juliana Kanyomozi Says New Music Is Coming ‘Soon’
WATCH VIDEO: Check Out Azawi’s New Song, ‘My Year’
SiriusXM, Pandora, and Tiktok Have Teamed up to Launch Tiktok Radio
TAGGED:china anta overtake adidaschinese sportswear giant antaovertake adidas china anta

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp Reddit Email Copy Link
Share
ByEditorial Staff
Follow:
Get exclusive celebrity updates featuring Jose Chamelone, Sheebah, Azawi, and Eddy Kenzo, plus the latest music news—only on Lifestyle Uganda.
Previous Article lifestyleug.com__who is Spice Diana Spice Diana: 14 Things You Need To Know About Her
Next Article lifestyleug.com__PLE results for 2020 can be found here 2020 PLE Results Out: More than 2000 Candidates’ Results Have Been Withheld

Stay Connected

45.2kFollowersLike
5.1kFollowersFollow
213FollowersPin
35.6kFollowersFollow
11kSubscribersSubscribe
400FollowersFollow
- Advertisement -

Latest News

Tyla joins Rihanna and Cardi B on new ‘Smurfs’ movie soundtrack.
South Africa’s Tyla lands spot on star-studded ‘Smurfs’ soundtrack
Entertainment Latest Movie & Trailers
4th June 2025
NCBA powers Auto Show Kampala 2025.
Auto Show Kampala gears up with NCBA Bank as lead sponsor
Automotive Business
4th June 2025
UPDF Kills Two Terrorists in Munyonyo, Kampala Over Planned Martyrs Day Attack
News
3rd June 2025
Cedric Babu memorial schedule released.
Remembering Cedric Ndilima Babu: Memorial & Funeral Programme Released for Late Sports and Media Figure
Entertainment News
3rd June 2025
//

At Lifestyle Uganda, we inform, entertain, and inspire action through the content we create — empowering you to live a celebrity life.

Quick Link

  • Home
  • News
  • Business
  • Entertainment
  • Health & Living

Top Categories

  • About Us
  • Send a Tip
  • Terms of Use
  • Privacy Policy
  • Contact

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
Lifestyle UgandaLifestyle Uganda
Follow US
© 2025 Lifestyle Uganda. A Now & Entertainment Media Company. All Rights Reserved.
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up