Fast Company today published its annual rankings of the 50 most innovative companies in the world, with Apple dropping from 2018's top spot to 17th place this year.
According to the rankings, the most innovative company for 2019 is Chinese tech firm Meituan Dianping, which "expedites the booking and delivery of services such as food, hotel stays, and movie tickets." In 2018, the platform facilitated $33.8 billion transaction for more than 350 million people in 2,800 cities.
Other companies in the top five include Singapore-based ride-hailing company Grab, NBA, The Walt Disney Company, and women's fishing e-commerce service Stitch Fix.
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Apple Falls From 1st to 17th Spot in 'World's Most Innovative Company' Rankings