3 ms·
> It's a company. With shareholders. It's owned by a dutch foundation which serves to "promote and support innovation in the field of architectural and interio
by dna_polymerase 6y ago
> It's a company. With shareholders.
It's owned by a dutch foundation which serves to "promote and support innovation in the field of architectural and interior design" (via [0]). Oh and something about kids in developing countries.
[0]: https://en.wikipedia.org/wiki/Stichting_INGKA_Foundation https://en.wikipedia.org/wiki/Stichting_INGKA_Foundation
- amelius 6y agoIKEA has a complex corporate structure which was created specifically because of the high Swedish taxes. Hence the Dutch connection. Also, read the criticisms section of that link. Only after publication of the criticism in the Economist did the family who owns IKEA take action. Now imagine what happens if the family has less control in the future. Also, supporting innovation and supporting developing countries does not mean "don't track users", etc.