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IKEA is notorious for having one of the most opaque company structures in the world. Word on the street is that ikea is technically a charity.
by wodenokoto 4y ago
IKEA is notorious for having one of the most opaque company structures in the world.
Word on the street is that ikea is technically a charity.
- baby-yoda 4y agoThis is a huge oversimplification but my recollection is, there is a design arm of the IKEA structure which is a non-profit. They create and own all of the designs and IP related to products, which a different IKEA subsidiary then licenses and pays royalties on, essentially negating much/all of the margin of the finished good.
- bananapub 4y agoit's not a charity, it's a ultimately held by a pair of Liechtenstein and Dutch foundations, with an elaborate sea of holding companies underneath: https://en.wikipedia.org/wiki/IKEA#Corporate_structure https://en.wikipedia.org/wiki/IKEA#Corporate_structure