Social media and social networks may not be new anymore, but they are still a fast growing industry. According to analyses, around 4 billion people worldwide now use social media and further growth is expected in the next few years. In addition to the well-known names in the industry, young companies also repeatedly create new opportunities to network and thus offer interesting investment opportunities for investors. In this article, we will introduce you to a selection of social media stocks.To get more news about captrader review, you can visit wikifx.com official website.
When talking about social networks, Facebook is one of the first companies that comes to mind. With around 2.5 billion monthly active users, Facebook is still the largest social media platform in the world. The company enables users to connect via cell phones, computers and other devices. On Facebook, users can share opinions, photos and activities online and communicate with one another. Continuing pressure from politicians and regulatory authorities has caused the company some struggles lately; However, Facebook is still ideally positioned to benefit from the ongoing industry trend. The company name was recently changed from Facebook to Meta Platforms and the stocks have been trading under the new name ever since. In addition to Facebook, Instagram, Messenger and WhatsApp belong to Meta Platforms.
Searching for a partner via internet has been a trend that has been going on for many years. The Match Group operates Tinder, the world's most downloaded dating app. In addition, it appeals to additional target groups with other dating apps (OkCupid and Hinge). The company is headquartered in Dallas, Texas, and has had strong sales growth for years. Compared to other large social media companies, Match has a unique business model. It gets most of its revenue from subscriptions paid for directly by users rather than advertising. With the spread of online dating, especially in emerging markets, Match continues to forecast strong revenue growth. In the summer of 2021, the company completed the acquisition of the South Korea-based social and video platform Hyperconnect for $ 1.725 billion.
Baidu is a Chinese multinational company founded in 2000 and headquartered in Beijing. Via the search engine baidu.com and mobile devices, Baidu connects users with relevant online information such as websites, news, images and documents. The website is one of the most viewed websites in the world. In addition, Baidu offers other services such as Baidu Knows, an online community in which users can ask other users questions, Baidu Wiki, Baidu Healthcare Wiki, Baidu Wenku, Baidu Scholar, Baidu Experience, Baidu Post, Baidu Maps and some more.
Pinterest is a social media platform where users mainly share photos. Unlike other social media platforms, Pinterest users are much more receptive to advertising, which balances the company's success with user satisfaction. This alignment has resulted in strong sales growth in the last few quarters. Pinterest's greatest opportunity for growth is in international markets. The company already has close to 100 million monthly active users in the US and international monthly users are also increasing.
Etsy is a company that combines e-commerce and social media. The platform etsy.com specializes, in particular, in vintage and handmade goods. It is also an online discovery platform where buyers can get in direct contact with sellers and artists. For this purpose, Etsy provides various tools for communication on its platform. With more than 7.5 million sellers and approximately 100 million active buyers, Etsy is one of the largest e-commerce platforms with a social focus. In part, Etsy grew through acquisitions. The company owns the vintage music equipment and reseller website Reverb and recently acquired Depop, the used clothing marketplace that has tens of millions of users worldwide.
