US and China dominates the Public market

What happened to Africa, Europe, Middle East, and Rest of Asia?

• The Top 15 largest public companies are in US and China

• Largest public company by revenue is US-based Walmart

• Largest public company in the media & entertainment industry is US-based Comcast

• Largest public tech companies 5 are in US and 2 in China: Apple, Alphabet, Amazon, Microsoft, Facebook, Tencent, Alibaba

• Largest public company in the game industry [part of the bigger media & entertainment industry] by revenue and market cap is Activision Blizzard

• Largest public holding (conglomerate) companies are in : US- Alphabet, Berkshire Hathaway, Icahn Enterprises, Graham Holdings Co; China- Wanda Group; Vivendi based in France

• Largest public company in health is based in the US

• Largest public restaurant, food and beverage companies: Coca-Cola, PepsiCo, KraftHeinz Co., Yum Brands, McDonald's, Procter & Gamble are based in the US; Nestle based in Switzerland

• Largest public telecommunications companies: AT&T and Verizon are based in the US

• Largest public health companies are: Johnson & Johnson, Pfizer based in the US

• Largest public ecommerce companies are: US- Amazon, eBay; China- Alibaba

• Largest public financial services companies in terms of market cap and revenue are: Mastercard and Visa both based in the US

[noticed China is out five bullet points now and Europe only have two companies in the whole list]

Note: I have been part of the stock market crowd for years but this question still baffles me. We are living in an Americanized world [not a bad thing but can be worrying]. However, I also know that Europe have some of big publicly traded companies in terms of revenue and market cap and a African company [South Africa to be specific] Nasper owns 35% of China-based Tencent.

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Submitted March 04, 2018 at 08:48AM by snack-fu-bling http://ift.tt/2I4zlgS