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Pandemic rocks market cap rankings in largest shake-up since 2008

Digitalization and decarbonization lead investors as new normal emerges

The market capitalization of Tesla has become larger than that of Toyota Motor in July. (Source photos by Reuters and Kyodo)

TOKYO -- World rankings for market capitalization have undergone massive changes due to the coronavirus pandemic, as companies with the greatest ability to adapt gaining the most in a shattered economic landscape.

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