Market capitalization of the 100 largest companies in the world breaks record
PwC’s Global Top 100 Survey has risen to a record of 21,000 billion USD for the world’s top 100 listed companies.
In the one-year period from April last year, the market capitalization of the one hundred leading companies increased by 5 percent, slowing down from the 10 percent growth one year before.
Technology and online commerce companies continue to dominate the narrow list, with seven companies in the top ten: US, Microsoft, Apple, Amazon, Alphabet and Facebook, plus two Chinese, Alibaba and Tencent. (MTI)
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