Press Releases

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.

There once was a website for Harvard University students named Facemash, where users can decide which person is the more attractive out of two based on their pictures. This website expanded to other universities, and defying all the odds, added features over the years including the ability to share content, comment, play games and much more.

When you think about social media, Google or Alphabet may not be the first name that pops up. One would most likely envision the popularity of Facebook, Instagram, and maybe Tik Tok. It’s safe to mention that Meta’s Facebook is the world’s most popular social media platform, with over 2.9 billion active users. In second place, Alphabet’s YouTube. Alphabet is comfortably the largest company in the world which owns/operates social media networks, applications or platforms, with a market capitalization of $1.766 trillion.

According to the Global TOP 5 Social Media Companies, Alphabet is the leading world’s company providing social media. The founder of Google and owner of YouTube is followed by Meta Platforms and Tencent Holdings. Gulf Brokers Ltd. created the list of the largest corporations operating the social media networks according to their market capitalization. In its study (February 2022) Gulf Brokers has been looking into how the networks of TOP 5 are currently doing and, also, who are the competitors have the potential to change the game in the future.