GE is the US-based multinational digital industrial company that offers diversified financial, media and technology services across energy, aviation, healthcare and other domains.
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Founded by the maker of light bulb, General Electric (GE) is a multinational company with an installed headquarters at Boston and its formation base in New York. Listed as 4th largest company on the globe, in Forbes Global 2000 list in 2012, GE was founded in 1890. General Electric expertise in the development and manufacturing of electric products that generate, transmit and control electricity as well as financial and medical imaging services. GE’s products include aircraft engines, motors, power transmission components and financial services.
Business Segments
Segments that are dominated by GE include Healthcare in which they do manufacturing of Medical Instruments such as X-ray machines, digital mammography machines, magnetic resonance systems etc. Aviation consisting of manufacturing of Jet Engines, turboprop engines and designing software. In Home & Office appliances division, in collaboration with Chinese conglomerate Haier, GE appliances provides products such as Washers, Ovens and all Kitchen appliances. They provide financial services in form of GE Capital that provides financial support to other businesses including loan services. In lighting category, being the core most experienced expertise of GE, they provides lighting solutions. As an Oil & Gas Industry, they do production of turbo expanders, compressors and high pressure reactors. Power Generation & transmission consists of Production of heavy duty gas turbines in power plants
Growth prospects
GE has been gaining a proliferating growth ever since they have entered the business. With an employee count of 313000, they have been one of the biggest conglomerate on the globe. The world is seeing a shift from conventional energy resources to other resources. On the same road, GE is now focusing on taking the businesses of power generation and oil & gas, from conventional resources to renewable energy resources.
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Category Ranking: #4 Home Appliance Shop
Ratings & Votes: 4.4/5 - Based on 65 Votes
Payment Options: Visa, Mastercard
Year Founded: 1892
Employees: 10000+
Annual Revenue: US$ 424.3 million
Avg Order Size: US$ 476 to 643
Daily Orders: 2.1k
Daily Visitors: 120k
Website: Ge.com
