He is known for numerous erudite posts and comments related to the trading world of stocks, commodities, forex and various derivatives. Syam K.P. is the chief analyst of one of the world’s leading investment companies, Gulf Brokers Ltd. This time, we were interested, however, in how India, Syam’s country of origin, is doing, not only in terms of capital markets, but also as a rapidly developing economy.
Since the beginning of the year most social media companies´ stocks fell by tens of percent. The exception is Twitter Inc., which has been moving up in terms of market capitalization during 2022. It is mainly because of the richest man in the world, American billionaire Elon Musk who expressed his interest in purchase the entire company. According to the Gulf Brokers’ chart of TOP 5 Social Media Companies Twitter has joined Alphabet, Meta Platforms, Tencent Holdings and Kuaishou Technology.
Have you heard about Kuaishou, the flourishing Chinese social platform? With over 320 million daily active users, Kuaishou’s social media app, which centers around the growing trend of short-form videos, has established itself as China’s second-largest short video platform. In first place is none other than Douyin, the Chinese version of TikTok.
There once was a social media platform named Picaboo, founded by three Stanford University students in a dorm room back in 2011. Evan Spiegel, Reggie Brown and Bobby Murphy created a realm where users could publish photos & videos that vanished after a few seconds. This social media phenomenon is now known as Snapchat, a $23.43 billion-worth company which revolutionized social media and the way we use it.
When exploring the social media spectrum for the first time, you are likely to register on Facebook, joining the 2.9 billion monthly active users of world’s most popular social media platform. Following The Big F in global recognition is video giant YouTube, messaging behemoth WhatsApp and trend-setting Instagram. It’s American social media platforms which dominate the globe, but tagging on to their tails are those of the Chinese.