Take a look at five Most Valuable Companies in the World

As well all know, in March 2020 everything dipped due to the increasing spread of the coronavirus pandemic. The whole world had to shut down and stay at their homes. This caused tremendous loss to world economies as people could not travel up to their workplace which caused companies unable to function properly.

This lead to massive falls in companies’ valuation as well. But since then people started pumping money in the stock market and now the companies are valued even more than what they were valued last March. Here are the top five companies by market capitalization:

Saudi Aramco

$2458 billion

Industry: Oil and gas production, refining.
Products: Oil, natural gas and other petrochemical products.

Saudi Aramco is considered one of the world’s leaders in oil production and oil reserves. The company aims to become a leader in the production of liquefied natural gas and other byproducts. Today, the company is owned by the Saudi Arabian government. The main office is located in Dahran.

Apple Inc.

$2213 billion

Industry: electronics, information technology.
Products: Personal computers and tablets, mobile phones, audio players…

Apple stood as the most valuable company in the world for a long time. But due to poor sales of iPhones they slipped down to second spot. It is popularly known for high end iPhones and MacBooks around the world. Apple is headquartered in Cupertino, California, USA.

Microsoft

$1653 billion

Industry: software development.
Products: Microsoft Office, Microsoft Windows, Xbox.

It was founded in 1975 by Bill Gates, who is one of the richest men in the world by now. Microsoft is one of the leading companies in the PC software market hugely dominating with Windows Operating Software. The company is headquartered in Redmond, Washington, USA.

Amazon Inc.

$1596 billion

Industry: Retail business

Amazon is an American retail company that sells and delivers various goods over the internet. It also enabled internet users, suppliers, and producers to sell their own goods using the website. The company was established in 1994 by Jeff Bezos. Amazon is headquartered in Seattle, WA, USA.

Delta Electronics

$1435 billion

Industry: Electronics and automation

Delta Electronics (Thailand) Public Company Limited is a subsidiary of Delta Electronics Inc. It produces various power supplies, industrial and construction automation systems, infrastructure for alternative energy and electric transport, and much more

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