McDonald’s is one of the most valuable U.S. brands of 2021 based on brand value, with its brand value of 154.92 billion U.S. dollars. The company reported spending roughly 650 million U.S. dollars on advertising worldwide in 2020.
The company, together with its subsidiaries, operates as a foodservice retailer worldwide. Headquartered in the United States, the corporation was founded by businessman Ray Kroc in 1955 after he purchased the rights to a small hamburger chain operated by the eponymous Richard and Maurice McDonald.The company is the world’s largest chain of hamburger fast food restaurants.
It operates more than 33,000 local restaurants serving more than 64 million people in 118 countries each day. More than 80 percent of its restaurants worldwide are owned and operated by independent local men and women.The company serves the world some of its favorite foods – World Famous Fries, Big Mac, Quarter Pounder, Chicken McNuggets and Egg McMuffin.
Its trademark is McDonald’s.Some McDonald’s in suburban areas and certain cities feature large indoor or outdoor playgrounds. The first PlayPlace with the familiar crawl-tube design with ball pits and slides was introduced in 1987 in the USA, with many more being constructed soon after. Some PlayPlace playgrounds have been renovated into R Gym areas.