Category: Top Companies

List of top companies in the World has been discussed here. Everyone is running, a man to his workplace, a college student for his first class and even the Earth along its axis around the sun. Even through all this, there is an underlying race which is going on. No one wants silver, the gold medal is always the aim. The Olympics are present to find the best athlete as the sportsmen from around the world gather to compete with each other. The population index has its own tale to tell. Similarly, each year the companies around the world also compete to win a spot as the best companies of the year.

Companies are organizations that sell products or services in exchange for money according to the Cambridge dictionary. The best company is selected after going through a wide array of criteria. From revenue generated to core values to career opportunities to company ratings to senior management, every aspect makes a company the best among all others. Customer service and after sales services are gaining importance at par with the quality of the product bought by consumers.

Top 10 Companies in the World

Here’s a list of the 10 Best Companies in the world:

1. Alphabet

No, no we’re not talking about ‘abcdefg’, this is a company of US origin. It is basically a collection of companies. In 2015, it was created through restructuring Google, becoming its parent company. Under alphabet, there is Google and its other subsidiaries include GV, Calico, DeepMind, CapitalG, X, Google Fiber, Jigsaw, Makani, etc . Under Google there is YouTube, AdSense, Maps, Chrome, Google Play, Google Cloud and many more. It has reclaimed first spot in the 2019 LinkedIn Top Companies

The revenue of the company reached a whopping 40.5 billion US dollars in the third quarter of 2019. According to Reuters, Sundar Pichai, the CEO of the company would receive a hefty $240 million in performance based stocks over the next three years. Google, a sub part of Alphabet became the first drone operator to receive government approval as an airline this year. It ranked 4th in the list of “Top Ten largest Companies by Market Capitalization”.

2. JP Morgan Chase

Ranking 2nd in the “Top 10 of the Forbes Global 2000” and 10th in the “Top 10 Largest Companies by Market Capitalisation” this company is a multinational investment bank. This company has already taken the top ranking for the 2019 All American Research Team. Their values lie in development through learning while supporting each other. Appealing to the world as a company providing equal opportunity it believes in strengthening communities, taking initiatives and gaining environmental sustainability. JP Morgan Chase has launched a 500 million US dollars initiative, Advancing Cities, which will increase economic opportunities in cities. This company strives by the mission statement “to be the best financial services company in the world”.

3. Amazon

Buying goods at best prices having the best quality has always been a hassle. Finding a t-shirt of your choice having your favourite colour might be a hard task but that changed when this e-commerce giant came in our lives. Amazon generated a revenue of 70 billion US dollars in the third quarter of 2019. This company also occupied third  rank in list of “2019 LinkedIn Top Companies”. It also ranked 3rd in “Top 10 Largest Companies by Market Capitalization”. The company has a mission and vision “to the Earth’s most consumer-centric company; to build a place where people can come to find and discover anything they might want to buy online”.

They provide a healthy work environment which promotes results. Machine learning capabilities and AI driven commerce is the reason for the continued financial success of Amazon. Another milestone for the company has been its partnership with Google which is focused on Prime Video.

4. Facebook

Haven’t we all stalked our crush one time or the other? And when we do it, the first option is looking that person up on Instagram or Facebook. We all have those group chats on WhatsApp where endless messages keep pouring in. All of these companies are a part of ‘Facebook’. It has acquired 2nd position in the “2019 LinkedIn Top Companies” and 5th rank in the “Top 10 Largest Companies by Market Capitalisation”. Facebook had a revenue of 17.65 billion US dollars in the third quarter of 2019. Facebook offers a better interface, varied features and lifted registration limitations. Instagram, WhatsApp and Facebook itself have over 1 billion, 1 billion and 5 billion downloads on Playstore itself respectively. According to the CEO of Facebook, Mark Zuckerberg ‘the future is private’ as he wished to bring people closer to their family and friends through these social networking sites.

5. Apple

From IPhone 11 to MacBox Air to Apple TV+ to Airpods Pro, Apple continues to lead the world with its technology. This company leads in the field of software development and technology. It has become the 7th Company in the list of “2019 LinkedIn Top Companies” , 2nd in the “Top 10 Largest Companies by Market Capitalisation” and 6th in the “Top 10 of the Forbes Global 2000”. The company provides a 25% discount on all its products to its employees. They also give 18 weeks paid leave to its female employees as maternity leave and similarly 6 weeks for its male employees.

6. Microsoft

With the mission of ‘Empowering every person and every organisation on the planet to achieve more’, Microsoft continues to grow and expand. Microsoft ranked 1st in the list of “Top 10 Largest Companies by Market Capitalization”. Microsoft believes in digital transformation in this era. It generated revenue of 33.7 billion US dollars in the third quarter of 2019. Every year the company holds a Hackathon. Last year, more than 18,000 people and 75 countries participating bringing world changing ideas. The companies deals in developing personal computer software systems and applications. Microsoft reasearch’s Lin Xiao has earned Test of time award.

7. Walmart

Discounts have never seemed that lucrative, sales never been that appealing. Walmart is a multinational retailer corporation that manages large discount departmental stores and warehouse stores. It has generated revenue of 514.4 billion US dollars in 2019. This company has been ranked number 1 in the “Top 10 of the Fortune Global 500”. It is also a company that employees 2.2 million people. Walmart lives by the mission “so save people money so that they can live better”. Apart from heavy discounts, it has been using the data stored over the years to give Walmart an insight into the preferences of customers.

8. ICBC

ICBC stands for the Industrial and Commercial Bank of China. It is a multinational banking company and also the largest in the world by deposits and total assets. The bank has a large employee count of 449,296. While the company was founded in 1984 and has its headquarters in Beijing, China it has generated a net income of 11.85 billion US dollars in the year 2019 exceeding the expectations and forecast of analysts by 4.25%. This company ranked 1st in the “Top 10 of the Forbes Global 2000”. It was the first bank in the country to adopt the Equator principles, an international set of social and environmental standards in 2008.

9. Berkshire Hathaway

Warren Buffet, a man who is considered to be one of the most successful investors in the world, holding a net worth of 88.9 billion US dollars has become the 4th richest person in the world. This man is also the CEO of the company Berkshire Hathaway. This company has achieved the 6th rank in the “Top 10 Largest Companies by Market Capitalisation” having a marketing capitalization of about 500 billion US dollars as of March 2019. Although insurance subsidiaries are a major part of the company it also manages hundreds of other businesses such as Dairy Queen, Burlington Northern Santa Fe, etc. Amazon, Berkshire Hathaway and JP Morgan Chase have come together to make a medical initiative to provide better healthcare to its employees.

10. Alibaba

While living a life from paycheck to paycheck, getting better discounts and saving more money has become our main focus. Alibaba group is a company specializing in e-commerce, technology, retail and internet. As of September, 2019 this company has 111,524 employees. This company has been awarded the 8th rank in the “Top 10 Largest Companies by Market Capitalization”. The company generated a revenue of 56.15 billion US dollars in the year 2019. Alibaba has started the Netpreneur training programme which helps train business leaders and entrepreneurs into using technology to bring a positive impact on their business. It has also begun a New Economy worshop in which it takes government officials through first hand experience in logistics, e-commerce, etc.

Customers are becoming more aware of the kind of services they want and in retrospect how much money they’ve willing to pay for those services and products. Just like each person strives to be better than he was before, each company works to achieve greater milestones and break new records. Companies are making efforts to become more eco-friendly and sustainable.

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