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#10: Salesforce The San Francisco-based company is a worldwide leader in cloud computing solutions for business. It makes programs available for rent over the internet - a concept also know as "software as a service." Salesforce founder and CEO Marc Benioff calls it "the end of software." Market cap: $57 billion (51 billion euros).
#9: Ant Financial Ant Financial Services Group - formerly known as Alipay - is a subsidiary of China's Alibaba Group. It operates an online payment platform. The company provides online payment services and also sells insurance products. Headquarters is in Hangzhou, China. Market cap: $60 billion.
#8: Baidu Baidu is a Chinese company that operates the search engine of the same name. Alexa internet statistics show Beijing-based Baidu as one of the world's top-five websites. The search engine is frequently accused of playing a role in China's state internet monitoring. Market cap: $62 billion.
#7: Uber Uber operates a website and smartphone app that allows passengers to find a ride, generally private drivers using their own cars. The San Francisco company receives a commission of up to 20 percent of the price. Uber is very controversial due to its use of non-licensed drivers and has faced legal action in numerous countries. Market cap: $63 billion.
#6: Priceline The Priceline Group is a US company based in Norwalk, Connecticut. It operates the online travel portal. It was founded in 1997 and went public two years later. In 2010, Priceline.com was the world's largest search engine for hotel reservations. Priceline also operates travel, car rental and restaurant portals. Market cap: $63 billion.
#5: Alibaba The internet auction and trading platform Alibaba was founded in 1999 by former English teacher Jack Ma. Six years later, Yahoo took a 40-percent stake in the Hangzhou, China-based company. Alibaba has been traded on the New York Stock Exchange since September 2014. Its 22 billion dollar IPO was one of the largest ever. Market cap: $205 billion.
#4: Tencent The company is legally based in the Cayman Islands (British tax haven), but its main office is in Shenzhen, China. Tencent is involved in social networks, web portals, internet-based telephony, online games, e-commerce and online advertising. Market cap: $206 billion.
#3: Facebook With more than 1.7 billion active monthly users, the empire of founder and multi-billionaire is by far the world's biggest social network. Since it went online in 2004, Facebook has faced criticism, particularly in Europe, about its data protection policies - without any obvious effect on its growth. Market cap: $340 billion.
#2: Amazon The mother of all online retailers is also the largest in terms of sales and market capitalization. Amazon was founded in 1994 by Jeff Bezos - who still leads the Seattle, Washington-based company today. But the online giant has faced anger, particularly due to its tax avoidance strategies. Market cap: $341 billion.
#1: Google/Alphabet Internet services, e-commerce, online advertising, software development, health, biotechnology, investment - Alphabet Inc. has been the holding company for Google and its former offshoots. The company is based in Mountain View, California, in Silicon Valley. It's headed by Google founders Larry Page and Sergey Brin. Market cap: $510 billion.
The Fortune Global 500 top 10 list by annual revenue
WalMart Stores (US) - $485.8bn
State Grid (China) - $315.1bn
Sinopec (China) - $267.5bn
China Natural Petroleum (China) - $262.6bn T
Toyota Motor (Japan) - $254.7bn
Volkswagen (Germany) - $240.2bn
Royal Dutch Shell (Netherlands) - $240bn
Berkshire Hathaway (US) - $223.6bn
Apple (US) - $215.6bn
Exxon Mobil (US) - $205bn
1. Industrial & Commercial Bank of China This is the largest bank in the world when measured by assets. It has $3.62 trillion in total assets. The bank’s revenues come in at $134.8 billion. Measured by revenues, this is the fourth largest bank in the world. Read more: The World's Top 10 Banks | Investopedia www.investopedia.com... Follow us: Investopedia on Facebook
2. China Construction Bank Corp. This is the second Chinese bank on our top 10 list. It offers corporate banking, which deals with credit, company e-banking, credit lines and commercial loans. The personal banking segment offers personal loans, credit cards, deposits and wealth management for individual investors. Read more: The World's Top 10 Banks | Investopedia www.investopedia.com... Follow us: Investopedia on Facebook
3. Agricultural Bank of China This Beijing bank has branches across China, plus London, Tokyo, New York and Sydney, Australia. Not only is it the third-largest bank on our list, but it is also one of the 10 largest companies in the world. Agricultural Bank of China is state-owned. Read more: The World's Top 10 Banks | Investopedia www.investopedia.com... Follow us: Investopedia on Facebook
4. Bank of China The Bank of China offers investment banking, insurance and investing services. It also provides personal loans, credit card services, debit cards, mortgages, asset and liability management and insurance. Assets total $2.63 trillion. Read more: The World's Top 10 Banks | Investopedia www.investopedia.com... Follow us: Investopedia on Facebook
5. HSBC Holdings (HSBC HSBC Hldgs Shs Sponsored American Deposit Receipt Repr 5 Shs HSBC 49.41 +0.39% ) This is a bank based in England. The bank has offices in 80 countries, and has 1,800 locations in the U.K. It provides private banking and consumer finance, along with corporate banking and investment services. HSBC has $2.57 trillion in assets. Read more: The World's Top 10 Banks | Investopedia www.investopedia.com... Follow us: Investopedia on Facebook
6. JPMorgan Chase & Co. (JPM JPMorgan Chase & Co JPM 95.51 +0.14% ) This is the first bank on the list that is based in the United States. It is based in New York, but it is a multinational bank. Though it is ranked sixth-largest in the world, it is the largest bank in the United States. It is involved in investment services, asset management, wealth management and securities. Assets total $2.45 trillion. Read more: The World's Top 10 Banks | Investopedia www.investopedia.com... Follow us: Investopedia on Facebook
7. BNP Paribas This French bank has assets of $2.4 trillion. It has offices in 75 countries, including the United States. This bank was ranked second among banks in the euro zone in 2016. The analyst consensus on the stock of BNP Paribas is a “buy.” The bank is merging its research teams and expects to cut some analyst jobs in 2017. The company announced on April 5, 2017 that it had sold its shares in the Dakota Pipeline. The sale was worth $120 million. Read more: The World's Top 10 Banks | Investopedia www.investopedia.com... Follow us: Investopedia on Facebook
8. Mitsubishi UFJ Financial Group This is a Japanese bank that offers consumer banking, as well as business and private banking. This is also an investment bank. It offers asset management and real estate banking. Mitsubishi UFJ Financial Group has assets worth $2.459 trillion. Read more: The World's Top 10 Banks | Investopedia www.investopedia.com... Follow us: Investopedia on Facebook
9. Bank of America (BAC Bank of America Corp BAC 25.34 -0.43% ) Bank of America is a U.S. bank that offers services for personal banking, small businesses, mid-sized businesses, and large corporations. It offers investment services in addition to its deposit and checking accounts. The bank has nearly 5,000 retail outlets, with assets topping $2.15 trillion. Read more: The World's Top 10 Banks | Investopedia www.investopedia.com... Follow us: Investopedia on Facebook
10. Credit Agricole Group This is the second French bank on the list. It has assets of $1.91 trillion. This bank has a history of working with farmers. It is part of a network of 39 French banks. Read more: The World's Top 10 Banks | Investopedia www.investopedia.com... Follow us: Investopedia on Facebook
originally posted by: Wide-Eyes
a reply to: Revolution9
In regards to the Rothschilds, I suspect China is why they pulled out of the gold market.
originally posted by: Wide-Eyes
a reply to: Revolution9
This is exactly why we need the cryptocurrancy forum as suggested a couple of weeks ago.
originally posted by: Revolution9
a reply to: Revolution9
For Britain, if the figures the other day I read were right, millenials (Generation Y) may be 15% worse off than their predecessors (Generation X). As an observer of people day to day I would think this is very on the button.
This is a DAMNING INDICTMENT of GLOBALISM and CORPORATE CAPITALISM, from the British perspective (where it all started). I would guess it is more or less the same for the U.S (I see it is at least). I think France has a similar down turn. It is serving one at another's expense. So many are sacrificing so much for so few. Don't get me wrong: I want it to work, but in so many ways it is NOT WORKING for the mass of people. They know this, too, in increasing numbers globally.