5 Biggest Internet Companies in the World

2. Amazon.com, Inc. (NASDAQ:AMZN)

Market Capitalization as of 10/29: $1.053 trillion

Number of Hedge Fund Holders: 252

Amazon.com, Inc. (NASDAQ:AMZN) is one of the most valuable companies in the world with a market capitalization of over $1 trillion as of 10/29. Given the growth in the internet, Amazon.com, Inc. (NASDAQ:AMZN) has benefited enormously with more e-commerce customer and also greater demand for the company’s cloud computing services.

Although the company’s third quarter results missed estimates and its guidance was disappointing for the fourth quarter, Amazon.com, Inc. (NASDAQ:AMZN) still has lot of growth potential given the huge e-commerce and cloud markets in the long term.