The 2026 Fortune Global 500 ranking was unveiled, with Amazon.com, Inc. (AMZN.US) topping the list of the world's largest companies for the first time, ending Walmart Inc. (WMT.US)'s 12-year reign.

State Grid Corporation of China retained third place and remained the highest-ranked Chinese company. UnitedHealth Group Incorporated (UNH.US) and Saudi Aramco ranked fourth and fifth respectively.

Google parent Alphabet Inc. (GOOG.US) ranked as the world's eighth-largest company, entering the top 10 for the first time. With net profit of USD132.17 billion, it reclaimed the title of the world's most profitable company from Saudi Aramco, ending the latter's four-year streak. NVIDIA and Apple ranked second and third respectively in the profit ranking, while Saudi Aramco slipped to fifth.

Chinese internet magnates JD-SW (09618.HK), BABA-W (09988.HK), TENCENT (00700.HK), PDD Holdings Inc. (PDD.US) and MEITUAN-W (03690.HK) continued to grow amid an increasingly competitive landscape, with all improving their rankings. JD-SW climbed three places from last year to rank 41st, remaining the highest-ranked mainland Chinese private enterprise.

BABA-W ascended seven places to 56th. TENCENT entered the top 100 for the first time this year, rising 19 places to 97th. PDD climbed 11 places to 255th, while MEITUAN-W advanced 16 places to 311th. Meanwhile, XIAOMI-W (01810.HK) made the list for the eighth consecutive year, ranking 232nd, up 65 places from the previous year.

Companies on this year's Fortune Global 500 generated combined revenue of approximately USD43.1 trillion, up 3.2% YoY and exceeding one-third of global GDP. The minimum revenue threshold for inclusion increased from USD32.2 billion to USD33.2 billion. Combined net profit totaled approximately USD3.4 trillion, soaring 14% YoY to a record high.
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AASTOCKS Financial News
Website: www.aastocks.com

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