IKEA making it one of the largest users of wood in the retail sector. Most of IKEA's stores and factories were previously owned by INGKA, a holding company controlled by the Stichting INGKA Foundation, one of the 40 wealthiest foundations in the world. Ingvar Kamprad founded IKEA in 1943 as a mostly mail-order sales business. It began to sell furniture five years later. The first Möbel-IKÉA store was opened in Älmhult, Småland, in 1958 (Möbel means "furniture" in Swedish). The first stores outside Sweden were opened in Norway (1963) and Denmark (1969). The stores spread to other parts of Europe in
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