In this article, we discuss the 5 most valuable platform companies. If you want to read our detailed analysis of these companies, go directly to 15 Most Valuable Platform Companies in the World.
5. Tencent Holdings Limited (HKSE:0700.HK)
Tencent (HKG: 0700), founded in 1998, globally markets various online services including entertainment, finance, and advertisement. Increasingly becoming an important player as an internet-services provider, Tencent (HKG: 0700) is the world’s largest e-sports vendor, with the highest gaming revenue of nearly $20 million in 2018, while also taking the lead as one of the largest global social media corporations.
The company’s Platform and Content Group (PCG) is responsible for integrating QQ, Tencent’s (HKG: 0700) multi-faceted app, with traffic platforms such as the Tencent App Store and content platforms encompassing sports, news, and entertainment. PCG promotes cross-platform development of the internet protocol, creating connections between content producers and its users. QQ, created as just an instant messaging app, now includes music streaming, online gaming, dating services, and a Facebook-like social networking site called Qzone. The application is extremely popular, holding the Guinness World Record for the highest number of simultaneous online users, a feat it achieved in 2014. As of 2021, it has nearly 650 million monthly active users.
4. Meta Platforms, Inc. (NASDAQ:FB)
Founded in 2004 by Mark Zuckerberg, Facebook (NASDAQ: FB) has since risen to popularity as the world’s most famous social networking site. With the acquisition of Instagram in 2012 and WhatsApp in 2014, the company cumulatively supports over 200 million businesses and has raised over $5 billion globally through crowdfunding.
Moreover, Facebook (NASDAQ: FB) has been significant to the world economy. In 2014, Deloitte estimated that the company enabled a whopping $227 billion worth of economic growth, and generated 4.5 million jobs worldwide. The company has diversified its reach to different social fields, including sports, social activism, and academics.
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3. Amazon.com, Inc. (NASDAQ:AMZN)
Amazon (NASDAQ: AMZN) has accumulated a user base of 300 million active users since its creation in 1994 by Jeff Bezos. In these 17 years, Amazon (NASDAQ: AMZN) has acquired multiple companies, including Whole Foods, Zappos, Twitch, and Audible, amongst others.
Amazon’s (NASDAQ: AMZN) economic and global impact is extensive. In 2021, the company added 3,700 new sellers to its website each day, consequently creating thousands of jobs in the United States and the world. The company website reports that in the past decade, it has indirectly created 1.6 million jobs in fields like construction and hospitality and invested over $530 billion in the US.
2. Alphabet Inc. (NASDAQ:GOOGL)
With the company garnering almost 90 billion visits in June 2021, Alphabet Inc. (NASDAQ: GOOGL)’s Google is the most visited website globally. It was created in 1998 with the mission to make knowledge accessible for everyone globally. Throughout the years, Alphabet Inc. (NASDAQ: GOOGL) has revolutionized multiple social fields such as education and media by making online tools, such as Google Chrome, Google Mail, and Google Maps, available for everyone.
As of 2020, Alphabet Inc. (NASDAQ: GOOGL) contributed to the world economy significantly by generating $426 billion in economic activity for over two million American businesses, while aiding communications for around seventeen million American businesses. Moreover, it helped create more than two billion direct connections between people worldwide.
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1. Apple Inc. (NASDAQ:AAPL)
Founded in 1976, Apple (NASDAQ:AAPL) specializes in consumer electronics, computer software, and online services. Since its creation, Apple (NASDAQ: AAPL) has seeded itself permanently into the world economy. In 2020, it sold over 450 million devices, of which 200 million were iPhones, totaling 14% of the world’s smartphone sales.
With the advent of the iTunes Store, App Store, Apple Books, and similar software, the company has established an extensible network of connections between digital creators and consumers. The AppStore is the second-largest application store with a total of 2.2 million applications available for installation, most of which are third-party.
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