The world is changing. New technologies, new innovations and a new society are all emerging in the 21st century. The way we live and do business is evolving with it. As a result, multinational companies have been experiencing significant changes to their operations. If you’re looking for top-performing multinationals to watch out for in 2021, this blog post will provide insight into who they are and what makes them worth keeping an eye on.
1. Apple
Founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company is headquartered in Cupertino, California. Apple was originally a personal computer company until 1989, when it became involved with the telecommunication industry through its iPhone. iPhone sales have experienced exponential growth to become one of the most profitable companies in history.
2. Samsung Electronics/Hyundai Motor Group
Samsung Electronics are South Korea’s largest technology corporation that produces smartphones, computers, semiconductors and home appliances, among other things. At the same time, Hyundai Motor Group are the world’s fourth-largest automotive manufacturer that produces passenger cars, trucks and motorcycles. All that being said, both groups are consistently increasing their output each year, which has made them successful enough to be placed in the top 5 of the Fortune Global Top 500 Companies.
3. Alibaba Group Holding Ltd
Alibaba is a Chinese e-commerce company founded by Jack Ma back in 1999, it is currently ranked as one of the most valuable companies in the world and has earned its position as one of China’s largest internet and technology companies which shows no sign of slowing down anytime soon.
4. Tencent Holdings Limited
Tencent is a Chinese investment holding conglomerate specialising in providing Internet value-added services and products such as social media, retailing, payments, debt financing and microcredit to customers worldwide through their Online Games Platforms such as QQ Games Club and WeGame, among others. According to Forbes, Tencent is one of the most successful and valuable companies globally, making it a top candidate for multinationals to watch out for this year.
5. Microsoft Corporation
Founded by Bill Gates and Paul Allen way back in 1975, Microsoft is recognized as the largest computer software company globally, with headquarters located in Redmond, Washington. Not only has their dominance been felt among other technology companies but also because of its contributions towards the advancement of society, such as giving away USD 1 billion to charity through their philanthropic arm called “Microsoft Giving”, which provides grants and financial support to nonprofit organizations around the globe that focus on improving education, access to health care and environmental sustainability.
6. Amazone
Amazon is an American international electronic commerce company that offers online retail, cloud computing services, production services and is involved in the production of electronics, among other things. It was founded by Jeff Bezos, who became the richest man in modern history when his net worth topped USD 100 Billion. The company has grown consistently since its inception in 1994 to become one of the largest retailers on the planet with an estimated market value of over USD 600 billion, having surpassed Walmart earlier this year.