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What are the 10 biggest tech companies in the world.

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With the exponential growth of technology and its ever-increasing presence in our daily lives, tech companies have become some of the most powerful and influential organizations in the world. So just how powerful are these titans of technology? Here’s a list of the 10 biggest tech companies in the world based on their revenues in 2016 (data from Statista)

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Google

1) Google
Google is an American multinational technology company specializing in Internet-related services and products. These include online advertising technologies, search, cloud computing, and software. Most of its profits are derived from AdWords, an online advertising service that places advertising near the list of search results. In 2015, Google’s (GOOGL) parent company Alphabet Inc., generated $75 billion in revenues and has a market capitalization of roughly $590 billion. As of August 2016 it is largest American company by market cap.

Apple

2) Apple
Apple is a global leader in consumer electronics, including computer hardware and software, iPod music players, iPhone smartphones, and iPad tablet computers. Apple was founded by Steve Jobs and Steve Wozniak on April 1, 1976 to develop and sell personal computers. It has become one of America’s most valuable corporations. The company originally distributed its products exclusively through its own retail stores. However, it later entered into a number of partnerships with other computer makers to produce Macintosh clones that were cheaper than those manufactured by Apple itself.

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Microsoft

3) Microsoft
Microsoft, Inc. is an American multinational technology company headquartered in Redmond, Washington that develops, manufactures, licenses, supports and sells computer software, consumer electronics and personal computers and services. Its best known software products are the Microsoft Windows line of operating systems, Microsoft Office office suite, and Internet Explorer web browser. Its flagship hardware products are the Xbox game consoles and Kinect Sensor.

Facebook

4) Facebook
The global social network and tech giant, based in Menlo Park, California. Founded by Mark Zuckerberg in 2004. Current market cap: $368 billion.

Baidu

5) Baidu
Baidu’s name means hundreds of times, which is quite fitting since it ranks as China’s most-visited website. To find Baidu on a map, you simply have to follow your nose—its headquarters is located about 10 minutes from Yanzhao Airport (that’s stinktown) near a sewage treatment plant.

Alibaba

6) Alibaba Group Holding Ltd.
This company is a Chinese e-commerce giant that began as an online marketplace for businesses and consumers. It was founded by Jack Ma, a former English teacher from Hangzhou, China. Today, Alibaba Group Holding Ltd. has become one of Asia’s largest and most successful Internet companies, facilitating retail sales through its numerous websites and providing cloud computing services to corporate clients across the globe. Its online auction site — Taobao Marketplace — makes up more than 80 percent of Alibaba’s total revenue.

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Tencent

7) Tencent Holdings Ltd.
Tencent Holdings Ltd. is a Chinese investment holding conglomerate with operations that span Internet, entertainment, artificial intelligence and financial services. The company is based in Shenzhen, Guangdong and listed on both Hong Kong and New York stock exchanges. In addition to WeChat, its most popular product, Tencent also owns QQ Instant Messenger, mobile chat application QQ Mobile and mobile game distribution platform QQ Games as well as other apps.

Amazon

8) Amazon
Since its inception, Amazon has had no trouble scaling. From day one to now, it’s doubled revenues every four years—and that growth rate doesn’t look like it will be slowing down anytime soon. Last year, Amazon generated $135 billion in sales and recorded a profit of nearly $2 billion. Its shares trade at an eye-popping P/E ratio of almost 300!

Twitter

9) Twitter Inc.
Twitter, Inc. is an American online news and social networking service on which users post and interact with messages known as tweets. These messages were originally restricted to 140 characters, but on November 7, 2017, that limit was doubled to 280 characters for all languages except Japanese, Korean, and Chinese. Twitter was created in March 2006 by Jack Dorsey, Evan Williams, Biz Stone and Noah Glass and launched a year later.

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Netflix

10) Netflix, Inc.
Netflix, Inc. is an American multinational entertainment company founded on August 29, 1997, in Scotts Valley, California by Reed Hastings and Marc Randolph. It specializes in and provides streaming media and video-on-demand online and DVD by mail. In 2013, Netflix expanded into film and television production, as well as online distribution. The company also has licensing agreements with theaters to show their films, as well as with Hollywood studios for distribution of their original programming online.

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Clington, an editor at C’Magazine covering updates and more scoops.

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