The 2023 Fortune Global 500 list has been published. This year, Wal-Mart has once again become the largest company in the world, which is the tenth consecutive year that it has won this title. Amazon followed closely, ranking second. China State Grid Corporation, China Petroleum and Natural Gas Corporation and sinopec group ranked third, fourth and fifth respectively.
In addition, technology companies continue to dominate the rankings. Apple, Microsoft, Amazon and Alphabet (Google's parent company) are the four companies with the highest market capitalization. With strong brand strength and innovative ability, these technology giants continue to maintain a leading position in the world.
It is worth noting that companies in China performed well in this ranking. This year, 15 China companies entered the top 100, including large state-owned enterprises such as State Grid, Sinopec and PetroChina, as well as well-known private enterprises such as Huawei, Tencent and Alibaba. The ranking and number of these China companies have increased, reflecting the sustained development and growth of China's economy.
Generally speaking, the list of the world's top 500 companies reflects the strength and influence of the world's largest companies, and also provides a reference for global business. This ranking not only pays attention to the company's scale and profitability, but also pays attention to the company's innovation ability and social responsibility.