In this article, we discuss the 5 most valuable social media companies in the world. If you want to read our detailed analysis of these companies, go directly to 15 Most Valuable Social Media Companies in the World.
5. Kuaishou Technology (HKSE:1024.HK)
Market Cap: $423.919 billion
Beijing-based Kuaishou is a social platform for video sharing, founded in 2011 by Su Hua and Cheng Yixiao. Initially popular only in China, the particular social media platform is now famous in several other countries and is named Kwai. In Indonesia and Pakistan, it is known as Snack Video. The platform boasts of having 1 billion monthly active users (MAU).
William Perugini/Shutterstock.com
4. LinkedIn, owned by Microsoft Corporation (NASDAQ:MSFT)
LinkedIn is a business social networking site that is owned by the giant Microsoft Corporation. It was founded in 2003 by Reid Hoffman. The subsidiary has its headquarters in Sunnyvale, California, U.S. The revenue generated by LinkedIn is through its ad business, known as LinkedIn Marketing Solutions, and subscriptions.
Photo by Alexander Shatov on Unsplash
3. YouTube, owned by Alphabet, Inc. (NASDAQ:GOOG)
YouTube was launched in 2005 and is headquartered in San Bruno, California. YouTube was founded by Steve Chen, Chad Hurley, and Jawed Karim. The parent company of Google, Alphabet, Inc., has a whopping market cap of $1.92 trillion, and YouTube is said to account for a third of that. YouTube primarily generates revenue via advertising. In April 2021, Alphabet, Inc. reported that YouTube brought in $6.01 billion in advertising revenue, seeing an increase of $4 billion from the previous year.
Photo by Alexander Shatov on Unsplash
2. TikTok, owned by ByteDance (Private)
Estimated Valuation: $50 billion
TikTok is owned by the private company of ByteDance and is one of the fastest-growing social networking platforms in the world. It was started in 2016 by the Chinese company ByteDance. It has its headquarters in Culver City, California, and offices in London and Singapore.
Photo by Alexander Shatov on Unsplash
1. Meta Platforms, Inc. (NASDAQ:FB)
Market Cap: $442B
Facebook is the largest and most valuable social media company globally and is one of the products of Facebook, Inc. It is based in the U.S, with its headquarters in Menlo Park, California. The company was established in 2004 primarily by Mark Zuckerberg. Facebook, Inc. is ranked as the 6th most valuable company worldwide as of 2021.
Photo by Alexander Shatov on Unsplash
You can also take a peek at the 12 Best Meme Stocks to Invest In and 10 New Penny Stocks Redditors are Buying.
