WORLD HISTORY

Detailed explanation-1: -During this frothy time, the Dutch East India Company was worth 78 million Dutch guilders, which translates to a whopping $7.9 trillion in modern dollars. This is according to sources such as Alex Planes from The Motley Fool, who has conducted extensive research on the history of very large companies in history.

Detailed explanation-2: -After the Portuguese, Dutch from the Netherlands arrived in India . In 1602 CE Dutch East India Company was established. This company obtained monopoly to trade with countries in the East.

Detailed explanation-3: -The United Dutch East India Company (Vereenigde Oostindische Compagnie) was formed in 1602 in order to unite various small trade companies which had created commercial links with the India and East Asia during the late sixteenth century.

Detailed explanation-4: -As the Dutch East India Company continued to expand, trading posts were established in places that include Persia, Bengal, Malacca, Siam, Formosa (Taiwan) and Malabar to name a few. By 1669 the Dutch East India Company was the richest company in the world.

Detailed explanation-5: -The Dutch East India Company (VOC; Verenigde Oost-indische Compagnie), founded in 1602, is often considered the first truly multinational corporation.