Is Geely a Fortune Global 500 Company?
2 Answers
Geely is a Fortune Global 500 company. Detailed introduction: The official Fortune App globally synchronized the release of the latest Fortune Global 500 ranking. Among them, Zhejiang Geely Holding Group ranked 239th globally with an operating income of $47.191 billion. About Geely: Geely's automotive product portfolio is extensive, with outstanding performance across various market segments. In recent years, Geely Auto has not only focused on both sedan and SUV segments but also made significant progress and achieved remarkable results in the new energy sector. Geely's rapid development is attributed to continuous technological innovation and investment. In the increasingly popular era of intelligence, technological innovations represented by IoT, artificial intelligence, 5G, and big data have been integrated into the new era's intelligent revolution, driving the progress of the automotive industry's new four modernizations. Today, Geely is actively and diligently changing people's travel methods with a positive and dedicated attitude.
While researching global automotive groups, I found that Geely has indeed been consecutively listed in the Fortune Global 500 for five years. This year, it ranked around 225th on the list, climbing more than ten spots compared to last year, showing remarkable progress. Behind this achievement lies an interesting story—it's not just about strong domestic sales but also Geely's aggressive acquisition of international brands in recent years: it acquired full ownership of Volvo, purchased a 49.9% stake in Proton, and secured nearly 10% of Daimler (the parent company of Mercedes-Benz). According to their latest financial report, they sold nearly 1.5 million vehicles last year, with the group's total revenue exceeding 400 billion RMB. Ultimately, few privately-owned automakers worldwide make it into the Global 500 list, and Geely has truly brought honor to Chinese manufacturing.