10 Biggest Companies in the world
The worlds biggest companies by revenue represent new, faster-growth industries and mature,
slower-growth ones ranging from ecommerce and tech devices to oil and retailing. No matter
what, each company is a dominant force in its industry. While each of these companies
continue to thrive due to their unique advantages as millions of consumers shelter in place.
These are the 10 biggest companies in the world by 12 month trailing revenue, and it
represents a striking diversity of industries .This list is limited to companies that are publicly
traded in the U.S or Canada, either directly or through ADRs. Some foreign companies may
report semiannually, and so may have longer lag times. We add the caveat that two other
companies that otherwise would be added to this list are Saudi Aramco, the Saudi state oil
company; and State Grid, the Chinese state-owned electric utility. They were omitted because
their stocks are not publicly traded in the U.S or Canada. All the data in this story are provided
by YCharts and as of Sept 10,2020.
1) Walmart Inc. (WMT)
Walmart Inc is an American multinational retail corporation that operates a chain of
hypermarkets discount department stores and grocery stores from the United States hypermarkets, discount department stores, and grocery stores from the United States,
headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in 1962
and incorporated on October 31, 1969.
As of January 31, 2021,Walmart has 11,443 stores and clubs in 26 countries , operating under
54 different names. The company operates under the name Walmart in the United States and
Canada as Walmart de Mexico y Centro América in Mexico and Central America, as Asda in
the United Kingdom, as the Seiyu Group in Japan, and as Flipkart Wholesale in India. It has
wholly owned operations in Argentina, Chile, Canada and South Africa. Since August 2018,
Walmart holds only a minority stake in Walmart Brasil, which was renamed Grupo Big in
August 2019, with 20 percent of the company's shares, and private equity firm Advent
International holding 80 percent ownership of the company.
Walmart is the worlds largest company by revenue , with US$548.743 billion, according to the
Fortune Global 500 list in 2020. It is also the largest private employer in the world with 2.2
million employees. It is a publicly traded family-owned business , as the company is controlled
by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through both their
holding company Walton Enterprises and their individual holdings. Walmart was the largest
United States grocery retailer in 2019, and 65 percent of Walmart's US$10.329 billion sales
came from U.S operations.
Walmart was listed on the New York Stock Exchange in 1972. By 1988, it was the most
profitable retailer in the U.S., and it had become the largest in terms of revenue by October
1989. The company was originally geographically limited to the South and the lower Midwest,
but it had stores from coast to coast by the early 1990s. Sam's Club opened in New Jersey in
November 1989, and the first California outlet opened in Lancaster, in July 1990. A Walmart in
York, Pennsylvania, opened in October 1990, the first main store in the Northeast.
Walmart's investments outside the U.S have been mixed results. Its operations and
subsidiaries in Canada, Unites Kingdom, Central America, South America, and China are highly
successful, but its ventures failed in Germany and South Korea.
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