Stichting INGKA Foundation philanthropic agenda to target children in the developing world. The foundation carries out work under the banner of "IKEA Foundation" with the UNHCR. It is one of the seven international entities who support the UNHCR camp office in Kutupalong (Bangladesh) for the Rohingya refugees from Myanmar. The foundation owns the private Dutch company INGKA Holding, based in Leiden, which is the holding company that controls 315 of the 360 outlets of IKEA. In an explanation of IKEA's complex corporate structure, Ingvar Kamprad stated to the authors of a Swedish documentary that tax efficiency was "a natural part of the company's
Essential Products valued as a unicorn. On May 25, 2018, the company cancelled its next flagship and was reported to be for sale. In December 2018, Essential acquired CloudMagic, owner of the discontinued mobile email app Newton. An Android smartphone. The Essential Home is a smart speaker and smart home hub running an Essential-designed operating system, named Ambient OS. The device was planned for a launch in late 2017 but has yet to release. Essential Products Essential Products (marketed as Essential) is an American technology company and manufacturer founded on November 9, 2015 by Andy Rubin and based in Palo Alto. The