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Top 10 companies in the world have listed below. Walmart ranked in the top while Toyota ranked in the 10th position
With the development of global trade, there are different types of companies providing products and services in the market on an international scale. Among the thousands of companies, we have listed the 10 largest companies in the world in revenue-wise.
Walmart supercenter hits the 1st place in the world’s top company list. The company has entered into the business in 1988. It provides a one-stop shopping experience to customers by enabling grocery stores with fresh produce, bakery, dairy products, apparel, toys, and home furnishings in one place. Walmart has more than 1000 retail shops with headquartered in America. The annual revenue of Walmart accounts for USD 523,964 million in 2020 and Walmart is the world’s largest private employer.
Sinopec group or the China Petrochemical Corporation is a company based in China engaged in the petroleum and petrochemical industry. The company was established in July 1998. Sinope group is the largest oil and petrochemical products supplier and the second-largest oil and gas producer in China, the largest refining company, and the third-largest chemical company in the world. Its total number of gas stations ranks second place in the world in terms of capacity. And 2nd largest in the world by revenue which accounts for USD 407,009 million.
State Grid Corporation of China is a Chinese state-owned electric utility company. This is the world’s largest utility company in the world and the third-largest in revenue-wise. The company had an annual revenue of USD 383,906 million in 2020. The company was founded in 2002 in Beijing. With the goal of “building up world-class power grid and world-class enterprise,” the State grid engage in continuous innovations and developments having a total of 90,712 patents.
China National Petroleum Corporation
China National petroleum mostly known as CNPC is also a China-based company. CNPC engages in businesses covering oil and gas operations, oil field services, petroleum engineering & construction, equipment manufacturing, financial services, and new energy development. CNPC has assets in more than 30 countries covering Africa, Central Asia-Russia, America, the Middle East, and Asia-Pacific. The company has an annual revenue of USD 379,130 million becoming the 4th largest company in the world in terms of revenue.
Royal Dutch Shell
Royal Dutch Shell is a Hague, the Netherlands headquartered company engage in the energy business. Shell is a leading company to work towards clean energy providing and continuing innovations in carbon-neutral shipping. Royal Dutch Shell’s investments in research & development exceed USD 962 million. Shell has 15 refineries and operates in more than 70 countries. They are capable of producing 3.5 million barrels of oil equivalent per day. Shell has recorded annual revenue of USD 352,106 million in 2020 surpassing the revenue in 2019
Saudi Aramco is a leading producer of energy and chemicals based in Dhahran, Saudi Arabia. Saudi Aramco is officially known as the Saudi Arabian Oil Company. It has subsidiaries in Asia, Europe, and America to cater to the rising demand in the globe. Saudi Aramco ranked 6th by fortune 500 for the revenue of USD 329,784 million in 2020. The company operates the world’s largest single hydrocarbon network, the Master Gas System.
Volkswagen AG or Volkswagen Group is a Wolfsburg German-based multinational automotive manufacturer. It is the largest carmaker in Europe and holds 13% of the global car market share. The very famous Volkswagen brands include Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Scania and MAN. Volkswagen Group has 125 production plants in Europe and 11 plants in Asia, America, and Africa. The company has earned a revenue of USD 282,760 million in 2020 by selling its products to customers in 153 countries in the world. Volkswagen is the largest automotive company in the world in revenue-wise.
BP PLC or commonly known as BP is a British multinational oil & gas company headquartered in London, United Kingdom. The company was founded in 1909 with the name of Anglo-Persian Oil Company. BP is working toward becoming a low carbon energy supplier by 2030 and a net-zero company by 2050 with the set targets in bpNetZero ambition. BP PLC ranked 8th place in the world with a revenue of USD 282,616 million.
Amazon Inc. is a multinational company based in Seattle, Washington, United States. Amazon owns more than 40 subsidiary companies including owns over 40 subsidiaries, including Audible, Diapers.com, Goodreads, IMDb, Amazon Robotics, Shopbop, TeachStreet, Twitch and Zappos. Amazon is known as a highly valuable brand in the world and a leading company in the US. The company was founded in 1994 as an online shop for bookselling and in 2020 it has become the world’s 9th largest company with annual revenue of USD 280,522 million. Amazon has its own cargo airline for goods distribution and amazon apps for online shopping.
Toyota Motor Corporation is a Japanese multinational automotive manufacturer headquartered in Toyota, Aichi, Japan. Toyota is the 10th largest company in the world and 2nd largest automotive manufacturer in the world with a revenue of USD 275,288 million. Toyota is the largest company in Japan and 1st automobile company to produces more than 10 million vehicles per annum. The company’s subsidiaries include Lexus, Hino motors, Subaru Corporation, Isuzu Motors, Daihatsu Motor Company, and Noble Automotive.