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The Allstate Corporation, or simply ‘Allstate,’ was founded by Sears, Roebuck & Co., then-president General Robert E. Wood in 1931. Auto liability insurance began as the company’s flagship product and remains so today. The company added various coverage types throughout the 50s and 60s, including commercial, health, life, and personal liability insurance.
Verizon is the second-largest telecommunications company by revenue and the largest by market capitalization. The company is also the largest wireless provider in the United States with a reported 143 million subscriptions. In its 2021 annual report, the company reported revenues of $126.3 billion. Verizon is traded on the NYSE with a market cap of approximately $194.5 billion. The company employs over 118,000.
Per Alibaba’s annual report, its revenue in 2021 exceeded 717 billion yuan (approximately 109 billion U.S. dollars), while its active yearly customers reached nearly 1.3 billion people. As of March 2022, Alibaba trades on the NYSE and has an approximate market cap of $225 billion.
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