Is Costco owned by Cosco?

No, Costco is not owned by Cosco.

Costco is a publicly traded company, with shares listed on the Nasdaq stock exchange. As of 2020, the company had a market capitalization of $151 billion. Costco is not owned by any other company.

Cosco, on the other hand, is a Chinese state-owned enterprise. Founded in 1936, Cosco is one of the largest shipping companies in the world. The company has a market capitalization of $37 billion as of 2020.

While Costco and Cosco are both large companies with a global reach, they are not affiliated with each other.

In conclusion, no Costco is not owned by Cosco.

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