Largest Chinese Companies By Market Cap – Big tech companies increasingly make up the Fortune 500 list, but the world’s biggest companies by market capitalization aren’t quite as bright.
Despite the world’s largest market capitalization — trillion-dollar companies like Apple and rivals including Tencent and Samsung — tech wealth is largely concentrated in just a few countries.
Largest Chinese Companies By Market Cap
So what are the biggest companies in each country? We mapped the largest companies by market capitalization in 60 countries in August 2021 using market data from companies MarketCap, TradingView and MarketScreener.
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There are more than 60 stock exchanges in the world, and each has a top company. We have reviewed the largest
The company is because many of the world’s largest companies trade on multiple exchanges and have their market capitalization denominated in US dollars.
Many are former monopolies or large companies that have grown public, such as Nespresso in South Africa and Reliance Industries in India.
But even more significant is the economic difference. Apple and Saudi Aramco are worth trillions of dollars, while the smallest companies we track, including Panama Copa Group and Oman Bank Muscat, are worth less than $5 billion.
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Some of them have come to the top thanks to recent success. The Canadian company Shopify has become one of the world’s largest e-commerce service providers, and the British company AstraZeneca has developed one of the world’s COVID-19 vaccines.
But the reality is that many of the companies here are the old guard, built on existing resources or, in the case of banks, accumulating wealth.
Banks were often at the top of each country’s stock market. Behind them were major oil and gas companies, mining companies, and former state-owned enterprises that provided much of the country’s wealth.
But as more economies grow and merge with Western (technology-dominated) economies, new startups will likely compete for the crown of each country’s top company.
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Markets Ranking: America’s Best Places to Work in 2023 According to employee feedback on Glassdoor, here’s how the ranking of the top employers in the United States has changed over the past five years.
What better way to learn more about a company’s work culture than to hear from someone who has already been inside?
In the chart above, we analyze how America’s top employers have changed over the past five years based on employee feedback on Glassdoor, a website that allows current and former employees to share their thoughts on company culture, pay, benefits, Rate your employer anonymously on a variety of issues. , and more.
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Despite massive layoffs in 2022, tech companies made up more than 40% of Glassdoor’s Best Places to Work list in 2023. Gainsight, a client software development company founded in 2009, entered the top 15 ranking for the first time in five years and took first place. 1st place in the ranking of the best employers of the year.
However, the dominance of tech companies on Glassdoor’s Best Places to Work list is nothing new. Companies like HubSpot and NVIDIA are at the top of the list, and their employees consistently praise employees when it comes to money, benefits, leadership, and career advancement.
While technology is popular with employers, the industry is not definitive when it comes to good employee reviews.
Take, for example, Bain & Company, a management consulting firm with more than 10,000 employees that has consistently ranked in the top three over the past five years. Or look at the fast-food restaurant chain In-N-Out Burger, whose employees consistently rave about the good pay and flexible hours in anonymous reviews on Glassdoor, which has ranked the company in America’s 20 Best since 2015. Makes one of the employees.
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Diving into the company rankings also gives us a good idea of how some giants compare to others in the field.
Looking at the image above, you can see that the two consistent winners, Apple and Meta, did not make the top 100 this year. Salesforce also fell below the top 50 for the first time since 2015, ranking 75th. While technology progress is relatively well underway in 2023, these companies fall off the list, making way for smaller tech companies like GenSite, Bucks, and MathWorks.
As the global economy faces uncertainty in 2023, it will be interesting to see how these companies fare in terms of employee satisfaction. In the midst of layoffs and slowing economic growth, the way management talks tough and makes moves for their employees can be very revealing, which could lead to a completely different roster structure in 2024.
Markets Mapped 6 days ago: Inflation forecast for 2023 by country 3 weeks ago Sees mortality from various causes Energy 4 days ago Mapped: Europe’s largest power sources by country Energy 4 weeks ago 2013- 2022) Technology 2 weeks ago Infographic: 11 Technology Trends to Watch in 2023 What GAFAM is to the US (and most of the world), BAT is to China. While Google, Amazon, Facebook, Apple, and Microsoft stand for the most powerful US tech companies, the Chinese acronym refers to search engine Baidu, e-commerce giant Alibaba, and digital powerhouse Tencent, which The country has a huge influence on the Internet. The economy, controlled by the Chinese government, has been a concern for some time.
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China is currently drafting new antitrust regulations after new laws and regulations were passed over the past few years that were insufficient to govern the companies. Tensions flared recently when it was decided to delay the IPO of Ant Financial, a subsidiary of Alibaba, due to concerns that much of China’s financial flow was moving away from traditional banks and into the unregulated digital realm. .
Similarly, the ability of companies to amass large amounts of users indiscriminately and use their high market shares for monopolistic practices draws the ire of regulators. While Baidu controls 76 percent of search volume, Alibaba accounts for 56 percent of all retail e-commerce in China. Tencent’s market share is a bit harder to measure, but 78% of all Chinese internet users with accounts on the messaging app WeChat demonstrate the strength of the company, which is also the world’s largest game developer. In addition, Tencent and Alibaba control most of the Chinese fintech market through WeChat Pay and AliPay, and have also gained a significant share of the cloud computing market. When it comes to streaming, all three BAT companies are also vying for the top spot in this market.
The market shares of American competitors Google, Amazon and Facebook are not necessarily low, but the problems caused by these tech companies in the Western world and the ongoing efforts to control their ever-increasing influence also speak to the need for regulation.
Yes, it makes it easy to integrate multiple infographics into other web pages. Just copy the HTML code shown for the relevant statistics to integrate it. Our standard is 660 pixels, but you can adjust the display of statistics according to your site by adjusting the screen width and size. Please note that the code must be integrated into the HTML code (not just text) for WordPress pages and other CMS sites. Tencent Holdings and Alibaba Group Holding have dropped out of the world’s top 10 companies by market cap, new data shows, with no Chinese members on the list.
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According to the QUICK-FactSet database, at the end of 2020, Tencent ranked seventh and Alibaba ranked ninth. Last February, Tencent was in sixth place before its market capitalization fell by about 40%. As of Friday, he was dead in 11th place.
This new list is dominated by American technology giants. Apple, Microsoft and Google’s parent company Alphabet occupy the top three spots. Saudi Aramco is in fourth place, followed by Amazon.com, Tesla and Facebook operator Meta. Chipmaker Nvidia is at No. 8 and Warren Buffett’s Berkshire Hathaway is at No. 9.
The Shanghai Composite Index hit a record high in 2007 on high hopes for China’s economy. At the time, four of the top 10 companies by market capitalization were Chinese, with the largest oil company, PetroChina, in first place.
The aftermath of the global financial crisis has led to the growth of Chinese technology companies, whose market capitalization has increased due to new business models and access to a larger market. But the government’s crackdown on the technology sector and tensions with the United States changed that fortune.
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Didi Global, the company behind China’s largest taxi booking platform, decided to delist from the New York Stock Exchange on December 3, after just five months. The Chinese government has tightened its controls on foreign-registered companies out of fear that foreign regulators could gain access to sensitive information.
On the other hand, US President Joe Biden’s administration has increased pressure on Chinese businesses. On Thursday, he announced sanctions on drone maker DJI and dozens of other Chinese organizations involved in human rights abuses or military developments.
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