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Globe Corp. International

Globe Corp. International



Logo

Type: Public
Industry: Conglomerate
Founded: 1985, Doggo Town, Midand
Founder: Chase "Globe" Ren
Headquarters: Midandia, Midand
Area Served: Worldwide
CEO: Carter Drenk
Products: Investments, public utilities, logistics, arms manufacturing, hotels, transportation, finance, banking, public services, real estate, production, food, beverages, etc.

GLOBE CORP. INTERNATIONAL


From Whackerpedia, Midand's free online encyclopedia

Globe Corporation International Incorporated, or Globe Corp. International for short, known as GCI, formerly Midand Global Corp., is a publicly traded Midandian international megacorporation/conglomerate that spans operations all around the world and is known as one of the largest companies. It traces it routes back to 1956, and owns many different companies, including the MNSC, Midand Fried Dog, Midand Star, Horusnia Group, Point Cape International, Southern Springs RT, and many others.


Midand Global Corp.'s old headquarters in Doggo Town (the building has since been demolished)













History



Globe Corp. International traces it's routes back to its origins as a small store chain on "a corner in the suburbs of Doggo Town where we finally found ourselves", according to the company's founder Chase Ren.
Chase "Globe" Ren was considered to be an "odd" businessman according to his associates and colleagues, making very erratic business decisions and had previously failed with an earlier startup company, an attempt at a fast food chain.
While many discouraged Chase from attempting another personal economic venture, in 1983, he obtained another startup loan from Midand National Bank and began building another small chain of convenience stores - called Global Sweets - in Doggo Town. Many employees have stated they have a "miserable" experience working under Chase, calling him eccentric and very erratic, making a variety of extreme business decisions, in which a lot of them had impacted the chain's funds.
In summer of 1984, Chase had - "shockingly", according to his associates - managed to grow the chain to a reasonable size, with stores in Doggo Town and even a few in Midand City.
In addition to the Global Sweets chain, Chase had gotten interested in pursuing other economic ventures and had begun negotiations with another small restaurant chain called The Dog's Tavern (now Midand Fried Dog, MFD) to merge.
The merger happened successfully and boosted funds for the Global Sweets chain, and Chase had begun other corporate ventures, including purchasing and merging with other brands and chains.
Many critics had predicted that the chain would soon collapse from the excessive amount of purchases/mergers and that their funds would run low soon.
In March of 1985, Chase and his colleagues decided that to manage the growing brand of Global Sweets, they would create a new parent company to own all the chains under them.
Later that November, Chase had received a successful startup and began a new company called Midand Global Corp., named after the original Global Sweets Chain, headquartered in a small high-rise in the suburbs of Doggo Town.
In May of 1988, Chase had declared that he would finally retire from the company, though would still keep a "hefty" stock in the company, and entrusted his duties as CEO to longtime friend Carter Drenk, who had run the company with him since the beginning.
Carter was described to be an even more "adventurous" man then Chase, and declared that they would acquire an entirely new sleuth of companies and other small chains in Midand, about 15 in total. Many criticized the move, calling it even more erratic than Chase, and predicted that the company would collapse soon.
However, in a "miracle", Midand Global Corp. managed to stay afloat over the years, and in one of the most highly anticipated financial events in Midandian history, went public with it's IPO and listed on the stock exchange in 1992.
It was described as one of the most successful IPO's in history, and Midand Global Corp. soon became known as a household name all over the nation.
In addition to that, the company also expressed interest in expanding internationally, especially for Drenk.
Consequently, in 1994, Midand Global Corp. began its first expansion into international territory by acquiring a few small law firms and insurance agencies in the United States and Canada. While those purchases were relatively small scale, many saw it as a "growing sign" of the company's rising power.
The company has since continued growing through the 1990's and beyond, and has acquired a number of large companies, both domestically and internationally, including Midand Fried Dog, Southern Springs RT, Horusnia Group, Berkeley Industrial, MNN Media International, Point Cape International, MNSC, and more.
In 2018, the company became the first corporation to own an entire island, when the Luhi Island, an island between the coasts of Midand and Volaworand, was sold off to them by the Midandian government.
(see Criticism for more details on the sale)
In early 2019, Midand Global Corp. announced that they would begin a full and extensive rebrand to Globe Corp. International, with a name change and acquiring more companies in the biggest economic deal in Midandian history.

Businesses



Diagram of a small portion of companies owned by Globe Corp. International

Owned Businesses

The current companies under control of Globe Corp. International are as follows:

Finance (Investments, economics, banking, etc.)

Business Name

Industry

Headquartered

Year

Also Owns

Notes

Midand National Bank

Banking, investments, financial aid, real estate

Midand City, Midand

Founded 1942
Acquired 2016

International Insurance Ltd.,
Berk Financial,
Husky Insurance, Labrador Insurance,
Gelle Financial Accounting and Assets,
Qetyon Real Estate Company, more

Second largest bank
in Midand,
after
Central Financial Services

Ren Financial Assets

Banking, accounting

Midandia, Midand

Founded 2002

Directly created

Bank of Midandia

Banking, financial aid

Midandia, Midand

Founded 1990
Acquired 2000

Midandia Insurance Online,
BOM International, BOM NationWide, BOM Investments

Third largest bank in Midand

Aseta Assets

Banking, conglomerate

Northern Springs, Midand

Founded 1995
Acquired 2003

Aseta Inc.,
Aseta Financial, Aseta Technology,
Aseta International, Aseta-DoRe Ltd.,
Aseta Industrial,
Central Economics Management

All Herdonian Money Management Co.

Banking, accounting, insurance

New Herdonia, New Herdon

Founded 1992
Acquired 1994

Was one of the company's
first international expansions

Logistics (Arms manufacturing, transportation, utilities, etc.)

Business Name

Industry

Headquartered

Year

Also Owns

Notes

Horusnia Group

Arms manufacturing, logistics,
defense, industrial

Midandia, Midand

Founded 1902
Acquired 2017

Star-2 Arms,
Pitbull Defense Mechanics,
Baretown Services

Formerly government-owned
Wholly owned by Midand

Globe Logistics

Private defense,
Arms manufacturing,
logistics

Hanuama, Roswaesia
Big-Mi City, Midand

Founded 1987
Acquired 1994

Southern Springs RT

Public transportation
Public services and utilities

Southern Springs, Midand

Founded 2018

Directly created
Wholly owned by
municipal government
of Southern Springs
Is the rapid transit
network of the city

Southern Springs Power Star

Public utilities
Public services

Southern Springs, Midand

Founded 1901
Acquired 1988

Wholly owned with
municipal government
of Southern Springs

Travel (Air travel, hotels, travel agencies, etc.)

Business Name

Industry

Headquartered

Year

Also owns

Notes

Air Midand

Air travel, travel, transportation

Midandia, Midand

Founded 1969
Acquired 2019

Air Express, Air Midand Light

Wholly government owned

Herdon Express

Travel, air travel

New Herdonia, New Herdon

Founded 1983
Acquired 1994

Midand Star

Travel, advertising, lodging, resorts

Grove City, Midand

Founded 1979
Acquired 1988

Star Night Hotels,
Husky Luxury Hotels and Resorts,
Star Midand Travel,
Palming Travel and Hotels Group

Retail, food, and beverage

Business Name

Industry

Headquartered

Year

Also owns

Notes

Global Sweets Midand

Food and beverage

Midandia, Midand

Founded 2006

Directly created

Midandian National SPIT Co.

Food and beverage

Midandia, Midand

Founded 2006
Acquired 2018

Soon to be dissolved

Starring Stores

Retail, jewelery

Stonebridge, North Prarie

Founded 2001
Acquired 2015

MFD Co.

Food and beverage, agricultural

Midand Central City, Midand

Founded 1980
Acquired 1984

Midand Fried Dog, MFD Markets Ltd,
MFD Sustainable Growth

Check

Clothes manufacturing, retail, athletics

Doggo Town, Midand

Founded 2002
Acquired 2017

Technology

Business Name

Industry

Headquartered

Year

Also owns

Notes

TiDA

Information technology

Digor Abiesun, Techganet

Founded 1999
Acquired 2002

PeakHouse

Web services

Digo Abiesun, Techganet

Founded 1980
Acquired 1988

PeakHouse One

Other

Business Name

Industry

Headquartered

Year

Also owns

Notes

Point Cape International

Health, insurance

Faraday, Volaworand

Founded 2009
Acquired 2018

Railroads Inc.

Gift shop chain, travel

Gor Village, New Herdon

Founded 2016
Acquired 2018

OpEC

Mining

Midandia, Midand
Faraday, Volaworand

Founded 2001
Acquired 2004

Volaworandian Private Minerals Extraction Firm, LLC

Open Roads

Mining

Southern Springs, Midand

Founded 2001
Acquired 2003

Volaworandian Nickel-ite!

Simply International

Online web service

Hanuama, Roswaesia

Founded 1999
Acquired 2002

MyFace

Social media platform

Midandia, Midand

Founded 1997
Acquired 2015

MyTube
MyPics

The Doggo Regular

Journalism

Midandia, Midand

Founded 2014
Acquired 2019

Penting Entertainment

Entertainment, film distribution

Ieieriv Ifenortuun, Techganet

Founded 1998
Acquired 2003

Doggo Design

Graphic design

Midandia, Midand

Founded 2004
Acquired 2018


CEO Carter Drenk

Further Ventures

Globe Corp. International has also said that they would like to continue to expand internationally, joking they would like to "forever keep on it, if possible". While criticised (see Criticism), they have made bids to multiple companies.
Globe Corp. International has made bids and negotiated with Volaworand's main transportation company, which is currently government owned. While the Volaworandian government has initially asserted they would desire to keep the company, Globe Corp. International has said they were continuing to try.
Globe Corp. International has also reached out to the Midandian government to buy out the remaining shares of Air Midand, which remain under government control. Their proposal is currently under tentative approval, and is awaiting referendum.
It has also originally made a bid towards Central Financial Services, Midand's largest bank, though the offer has been put on hold.
Other companies it has expressed a desire in acquiring include Swift from Techganet, North Prarie's STAR SPIT industry, Midand National Airways, and numerous other small chains in Midand, which Globe says will "help grow".




Criticism



Globe Corp. International has received much criticism on it's basis of having unfair monopolies and it's sizable environmental impact.
While the company has not responded to much of this criticism, it has stated that "no company is perfect", and says it is working to reach agreements with certain public parties.


One of Check's - owned by Globe - factories in rural Midand

Environmental Impact

Globe Corp. International has been heavily criticised for it's large environmental impact.
Check, a global manufacturer owned by Globe that is most well-known for it's athletic gear, has received heavy criticism along with Globe for it's poor environmental record, with many citing that their factories' - especially it's infamous Central Plant - pollution control methods are "few" and have downgraded Midand's environmental records as a whole significantly.
Other locations with poor environmental records include multiple MNSC plants in rural Midand releasing "heavy" amounts of exhaust on a daily basis.
Globe Corp. International has said they do acknowledge a "few" sites that have "a poorer reputation than most", and says they are taking steps to correct them.

Unfair Monopoly

Globe Corp. International has also been heavily criticised for encouraging and displaying an unfair monopoly over multiple territories, including Midand itself.
It has been critisiced for the death of multiple small businesses which closed down in response to rising competition from Globe's services, and has also received criticism for it's excessive use of it's infamous "buy-and-kill" strategy in it's markets, including what it had did with the MNSC and numerous other moderately-sized Midandian businesses and companies.
It has also received antitrust lawsuits from multiple firms and parties - many of which have been unsuccessful - , though the Midandian government has said that the competition is at a "healthy" level, though it has said that Globe Corp. International is "being monitored" for some "slightly unfair advantages".


Central Financial Services

Lawsuit

In late 2018, Central Financial Services - Midand's largest bank - had declared they would attempt to sue Globe Corp. International for an estimated amount of 2 billion Midos over issues with unfair competition and antitrust issues.
In response to CFS's move, many other parties and companies also brought their own lawsuits and issues with antitrust towards Globe Corp. International in a highly publicized case, with the most famous being Dent v. the Globe.
The Dent Case had been brought forward by local businessman Howard Dent, who said he was "anxious" about Globe Corp. International's unfair competition. His business had been dissolved by Globe a few years earlier.
It was later reported that the CFS and Dent cases had been resolved out of court for an undisclosed amount, though many of the other cases have yet to yield results.

RawReport