Being able to access the internet has been a lifesaver amid the pandemic. With the integration of new technologies such as IoT, blockchain, and AI, the market will continue to grow, especially post-pandemic. Nearly 60% of the World’s population has access to the internet. The increasing number of mobile users around the World drives the growth of the internet market. A very important propeller for the growth of the internet industry is the advancement of cloud-based services. To give you the most accurate insights about the most valuable internet companies in the World, Insider Monkey sorted its rankings based on the market cap of the companies.
Pinterest was formerly known as Cold Brew Labs. The company’s platform allows users to build and manage theme-based image collections such as activities, DIYs, interests, and hobbies. Coming in the 14th position in the list of the most valuable internet companies in the World is social media networking site Twitter Inc. Baidu provides internet search services and online marketing solutions. Ranking thirteenth and being one of the top AI and tech companies in the World, Baidu Inc launched a partnership with carmaker Geely to build smart cars. Booking.com offers online reservation services through various websites that it operates, including Rentalcars.com. Uber’s revenue came in at $3.2 billion in the fourth quarter of 2020, up 13% quarter over quarter. JD.com’s e-commerce division generates most of its sales, but service revenue, which includes its website, advertisement, logistics, and other services such as healthcare, has gradually outgrown its core segment. The e-commerce company also operates a separate logistics business called JD Logistics. Pinduoduo Inc. ranks ninth. Founded in 2015 by an ex-Google engineer Colin Huang, the company sells various items, including clothing, shoes, bags, mother and childcare products, electronic appliances, furniture, and household goods. Chinese internet tech startup, ByteDance is the only private company included in Insider Monkey’s list of the most valuable internet companies in the World. For the original article and to see the market cap of these companies, click 15 Most Valuable Internet Companies in the World.
