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Here are the largest publicly traded companies and members of the trillion-dollar club. List of trillion-dollar companies *Market cap data as of Dec. 13, 2024. 1. Apple (AAPL) Apple designs and ...
Both social media companies are still gaining users. Meta Platforms is already the world's largest social media company. Its entire family of apps (Facebook, Messenger, Instagram, and WhatsApp ...
2 billion [4] 500 million daily Instagram Stories users [5] 4 TikTok: ByteDance China [6] [7] 2016 1.582 billion [3] 5 WeChat: Tencent China: 2011 1.343 billion [3] 6 Messenger: Meta Platforms United States: 2011 1.01 billion [3] 7 Telegram: Telegram United Arab Emirates [8] 2013 950 million [9] 8 LinkedIn: Microsoft United States: 2003 930 ...
[73] [74] [75] On October 27, 2022, Meta's market value dropped to $268 billion, a loss of around $700 billion compared to 2021, and its shares fell by 24%. It lost its spot among the top 20 US companies by market cap, despite reaching the top 5 in the previous year. [76] In November 2022, Meta laid off 11,000 employees, 13% of its workforce.
The tech giants made timely investments in personal computers, websites, e-commerce, mobile devices, social media, and cloud computing, and rank highly on the list of companies by research and development spending. [129] [130] However, large companies tend to focus on operational efficiency instead of new product development. [128]
These five social media companies made more than a billion dollars in 2019.
The company owns the social networking service X (formerly known as Twitter), and has announced plans to use it as a base for other offerings. While the official name of the company and social network is now X, many users and media outlets continue to refer to it as Twitter. [6] [7] [8]
The following is a list of publicly traded companies having the greatest market capitalization, sometimes described as their "market value": [1] Market capitalization is calculated by multiplying the share price on a selected day and the number of outstanding shares on that day.