Fortune Global 500: Xiaomi Entered The List

Today, Fortune magazine released the list of the Global 500 in 2019. In the list, we can see that some of the tech companies that are familiar to us are not in the top ten. The tech company ranking highest is Apple, which is in the 11th position. This is the same ranking as last year.

In the top ten list, Wal-Mart ranked first. Sinopec and Shell ranked second and three, respectively. The corresponding income of the three were $514.405 billion, $414.646 billion, and $396.56 billion. The rest of the companies in the top ten are China National Petroleum Corporation, China State Grid, Saudi Aramco (financial operations center, mainly responsible for corporate finance, finance, investment services, and group diversified brand operations.), BP, Exxon Mobil, Volkswagen, and Toyota.

As said, for technology companies, Apple ranked 11th. Its revenue was $265.595 billion. Amazon ranked 13th. Last year, it ranked 18th. Its revenue was $232.887 billion. Samsung Electronics ranked 15th, down by 3 points in comparison to last year. Its revenue is $221.579 billion.

Among the top 100, Hon Hai Precision ranked 23rd, AT&T ranked 25th, Google parent company Alphabet ranked 37, Verizon ranked 43rd, China Mobile ranked 56th, Microsoft ranked 60th, Huawei is 61st, SK Holdings ranked 73rd, Dell is 84th, Deutsche Telekom is 90th, and Softbank ranked 98th.

It is worth mentioning that among the global Internet companies, Xiaomi ranks seventh. To understand what companies it is fighting against, just take a look at the top 6: Amazon, Google, Jingdong, Alibaba, Facebook, and Tencent. At the same time, Jingdong, Alibaba, Tencent, and Huawei entered the Fortune Global 500. Interestingly, it took 18 years, 18 years, 14 years, and 23 years, respectively.

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