The Intercontinental Exchange is a market-based in Atlanta, Georgia that facilitates the electronic exchange of energy commodities. Accessed Sept. 11, 2020. An Elite CafeMedia Publisher - Update Privacy Preferences, Clockwise: USA Today / Financial Times / Quartz / Automotive News, complicity in the Bernard Madoff fraud case. Despite doing some research in the area of renewable energies, its focus is on gasoline and natural gas and the company supports groups that deny the impact of humanity on the environment. In 2019, Kweichow Moutai’s total sales reached $10 billion. Yes, insurance companies make a lot of money! Originally founded in 1983 and rebranded following a 2000 merger with GTE, Verizon Communications is the second largest telecommunications provider in the US, despite criticisms of its attempts to distort the FCC’s net neutrality rules. More healthy and nutritious drinks, including coconut water, vitamin water, or protein drinks etc. The headquarters of Facebook is located in Menlo Park, California, USA. Shell extracts, refines and sells oil products in various parts of the world. Accessed Sept. 11, 2020. An oil refinery is an industrial plant that refines crude oil into petroleum products such as diesel, gasoline and heating oils. BizVibe has redefined the concept of B2B networking by helping buyers select the right supplier. Apple designs, manufactures, and markets a broad range of consumer technology products, including smartphones, personal computers, tablets, wearable devices, home entertainment devices, and more. The trend favors Chinese banks. According to a study, Visa is currently the second-largest payment system in the world. That said, here’s the list of the top 10 companies with the highest market cap in 2020. AT&T is the largest telecommunications company in the world. Dutch-based beer company Heineken has been one of the world’s largest beverage companies for over150 years. © 2020 Insider Paper Inc. All rights reserved. This can lower or even outweigh potential returns. With a total of about $1.651 trillion market value, Amazon.com, Inc. sits on the second position on the list of top 10 companies with the highest market cap in 2020. In 2019, PepsiCo’s total sales reached $65 billion. Alibaba Group, founded in April 1999 by Jack Ma, is a Chinese multinational technology company. Founded in 1984 and majority owned by the Chinese Central Government, it also owns foreign subsidiaries, specifically in Hong Kong, Canada, Macau and Turkey. All data in this story are provided by YCharts and as of Sept. 10, 2020.. The offers that appear in this table are from partnerships from which Investopedia receives compensation. American retail corporation Walmart has been the world's largest company by revenue since 2014. Before, Apple was the first U.S. company to ever reached a trillion-dollar market cap. You also have the option to opt-out of these cookies. The company is a descendant of the company founded by Alexander Graham Bell, the inventor of the telephone. Headquartered in New York, Citigroup emerged in 1998 from the merger between Citicorp and Travelers Group. Market value: $161.1 billion (£127 billion). Global Finance compares two of the best-known rankings of company size with its own list of the world's Top 10 by market capitalization to provide a comprehensive picture of global corporate goliaths. This category only includes cookies that ensures basic functionalities and security features of the website. The largest bank in the US, JPMorgan Chase is the product of an amalgamation between numerous commodities. Suite # 5-412, 15 Trieble Avenue, Ballston Spa, New York 12020. /* Add your own Mailchimp form style overrides in your site stylesheet or in this style block. The second of China’s Big Four banks on this list, the Agricultural Bank of China – founded in 1951 – boasts around 320 million retail customers and around 2.7 million corporate clients. The main focus of the website is to bring you first-hand, unique and inside information from our valid sources. All rights reserved. For example, in January 2019, The Coca-Cola Company acquired Chi Ltd., a leading juice and diary drinks company. CVS is an integrated pharmacy health care provider.