The Internet has become an essential tool in today’s world. It plays a vital role in connecting people around the world, facilitating communication, and providing access to vast amounts of information. This has revolutionized the way we work, learn and interact, making tasks more efficient and convenient.
According to the 2023 estimates of Internet World Stats, the number of Internet users around the world exceeds 5.3 billion, and the global Internet penetration rate is equivalent to 67.9%. The Internet has become an essential tool for business, education, research, and entertainment. We offer a wide range of leisure activities such as watching movies, listening to songs, chatting, playing games, and surfing the web for the latest news and entertainment updates.
Additionally, the Internet has made shopping more convenient by allowing a wide range of products and services to be purchased online, eliminating the need for physical queues and agents. The U.S. Census Bureau reported that e-commerce sales accounted for 15.6% of total U.S. sales in the fourth quarter of 2023, an increase of 7.5% compared to the same period in 2022.
Look at the top 5 biggest internet companies in the US.
5. Netflix Inc. (NASDAQ:NFLX)
Market cap: $267.07 billion
Netflix Inc. (NASDAQ:NFLX) is an American media company that is one of the five largest Internet companies in the United States. The company operates an online streaming entertainment platform. Netflix Inc. (NASDAQ:NFLX) has a market capitalization of $267.07 billion as of April 4, 2024.
4. Salesforce Inc. (NYSE:CRM)
Market cap: $285.31 billion
Salesforce Inc. (NYSE:CRM) is an American cloud-based software company and one of the world’s largest Internet companies. The company provides customer relationship management (CRM) software and applications with a focus on sales, marketing automation, analytics, customer service, and application development. As of April 4, 2024, Salesforce Inc. (NYSE:CRM) had a market capitalization of $285.31 billion.
3. Meta Platforms Inc. (NASDAQ:META)
Market cap: $1.3 trillion
Among the top 3 internet firms in the US is Meta Platforms Inc. (NASDAQ:META). Facebook, Instagram, Threads, WhatsApp, and other online social media and networking platforms are owned and operated by one of the biggest internet businesses globally. As of April 4, 2024, Meta Platforms Inc. (NASDAQ:META) has a $1.3 trillion market capitalization.
2. Amazon.com Inc. (NASDAQ:AMZN)
Market cap: $1.86 trillion
Amazon.com Inc. (NASDAQ:AMZN) is an American multinational technology company that ranks second on the list of the 25 largest Internet companies in the United States. The company primarily operates in the fields of e-commerce, online advertising, digital streaming, cloud computing, and artificial intelligence. As of April 4, 2024, Amazon.com Inc. (NASDAQ:AMZN) has a market capitalization of $1.86 trillion.
1. Alphabet Inc. (NASDAQ:GOOG)
Market cap: $1.88 Trillion
Alphabet Inc. (NASDAQ:GOOG) tops the list of the largest Internet companies in the United States. The company was founded through his 2015 reorganization of Google and is the parent company of search engine and cloud computing giant Google and former Google subsidiaries. We own and operate a variety of Internet-related businesses and online products and services, including the Android operating system, YouTube, Google Chrome, Google Docs, and Google Meet. Alphabet Inc. (NASDAQ:GOOG), the largest internet company in the United States, had a market capitalization of $1.88 trillion as of April 4, 2024.
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