Companies
Junio 11, 2021 - < 1 min

The 50 largest companies, part II: more and more Chinese and technology companies

How the profile of the world's largest companies has evolved

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We said last week that the group of the world's 50 largest companies by market capitalization are now larger, more profitable and pay less tax. But Bloomberg's analysis of the global giants also shows us other important changes in this group. On the one hand, although it is a group led by US companies -which in fact increased from 25 in 2010 to 32 in 2020- the presence of Chinese companies has not stopped increasing. With 8 companies in the 50 largest club-it was only one in 2000, rising to 7 in 2010-Chinese firms are the second largest group. The second finding also comes as no surprise: in 2020, 21 of the 50 largest are technology companies, up from just 8 in 2010.

Source: Bloomberg