Truth Social, the Trump-owned social media platform, started trading publicly on March 26, 2024. The social network has fewer users and a lower valuation than Meta Platforms, X (formerly Twitter), and Pinterest did at their initial public offerings. The market capitalization of Truth Social when it went public was estimated to be six billion dollars, with an estimated five million monthly active users.
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Global Social Media market size is expected to reach $466.56 billion by 2029 at 13%, segmented as by type, social media advertisement, social media subscription
In 2021, the global social media analytics market was valued at roughly ***** billion U.S. dollars. It was expected to grow to *** billion in 2022 and surpass ** billion dollars in 2028. Social media analytics tools are used, among others, to manage customer experience, as well as marketing management, and to gain competitive intelligence.
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Global Social Media Platforms market size is expected to reach $3317.86 billion by 2029 at 34.8%, segmented as by social networking, general social networks (facebook, linkedin), niche social networks
The largest social media IPO seen in the last 15 years was Facebook, which went public in May 2012 with a valuation of 104 billion U.S. dollars. Snapchat ranked second, with a valuation of 24 billion U.S. dollars in March 2017. Twitter – later known as X after its 2023 acquisition and subsequent delisting – went public in with a valuation of 18 billion U.S. dollars. Former U.S president Trump's social media app Truth Social went public on March 26, 2024, after merging with Digital World Acquisition Corp.
Digital IPOs in the U.S. The year 2021 was characterized by the highest number of IPOs recorded in the U.S. since 2000, with over a thousand companies entering the public market. During the first years of the COVD-19 pandemic, the digital and tech sectors enjoyed stellar development thanks to the increase in usage and inflated adoption trends of digital solutions among global users. In comparison, 2022 was characterized by an unusually quiet public market. Snap Inc and Meta, as well as other social media platforms, reported a loss in expected revenue driven by a slowing advertising spending trend.
While social video and streaming platform Rumble filed to go public via SPAC merger in September 2022, market volatility dragged IPO plans for others. At the end of 2023, the market appeared to be in recovery for digital companies. Fast-fashion brand Shein entered the U.S. public market in September, followed by Instacart in November.
Reddit’s IPO Reddit's entrance into the public market is expected to be the largest social media IPO since 2019, when Pinterest became a public company with a valuation of 10 billion U.S. dollars. Reddit, which is expected to go public in March 2024, is reportedly seeking a valuation of 6.5 million U.S. dollars. The company had previously reached a valuation of 10 billion U.S. dollars, after securing 410 million U.S. dollars in its Series F funding in August 2021. In February 2024, Reddit gave potential investors a peek into its financials, by releasing the company’s S1 registration statement: the company was not yet profitable in 2023, with a negative EBITDA of 70 billion U.S. dollars. Despite not having released a planned price for its stocks, Reddit invited some of its users to pre-register and grab the possibility of buying into Reddit.
Market leader Facebook was the first social network to surpass one billion registered accounts and currently sits at more than three billion monthly active users. Meta Platforms owns four of the biggest social media platforms, all with more than one billion monthly active users each: Facebook (core platform), WhatsApp, Facebook Messenger, and Instagram. In the third quarter of 2023, Facebook reported around four billion monthly core Family product users. The United States and China account for the most high-profile social platforms Most top ranked social networks with more than 100 million users originated in the United States, but services like Chinese social networks WeChat, QQ or video sharing app Douyin have also garnered mainstream appeal in their respective regions due to local context and content. Douyin’s popularity has led to the platform releasing an international version of its network: a little app called TikTok. How many people use social media? The leading social networks are usually available in multiple languages and enable users to connect with friends or people across geographical, political, or economic borders. In 2025, social networking sites are estimated to reach 5.42 billion users and these figures are still expected to grow as mobile device usage and mobile social networks increasingly gain traction in previously underserved markets.
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The global pharma and healthcare social media marketing market is projected to be worth US$ 12,936.90 million in 2024. Demand for pharma and healthcare social media marketing is expected to increase at a CAGR of 13.5% from 2024 to 2034, attaining US$45,896.30 million by 2034.
Attributes | Details |
---|---|
Market Value for 2024 | US$ 12,936.90 million |
Market Value for 2034 | US$ 45,896.30 million |
Market CAGR from 2024 to 2034 | 13.5% |
KOLs Act as Advocates for Pharmaceutical Products on Social Media
Attributes | Details |
---|---|
Market Value for 2019 | US$ 7,099.40 million |
Market Value for 2023 | US$ 11,471.10 million |
Market CAGR from 2019 to 2023 | 12.7% |
Category-wise Outlook
Segment | Social Media Marketing Software |
---|---|
Share (2024) | 53.60% |
Segment | |
---|---|
Share (2024) | 35.40% |
Segment | Hospitals and Clinics |
---|---|
Share (2024) | 32.60% |
Country-wise Analysis
Countries | Australia and New Zealand |
---|---|
CAGR (2024 to 2034) | 15.0% |
Nation | China |
---|---|
CAGR (2024 to 2034) | 13.8% |
Nation | United States |
---|---|
CAGR (2024 to 2034) | 10.4% |
Nation | Germany |
---|---|
CAGR (2024 to 2034) | 5.0% |
Nation | Japan |
---|---|
CAGR (2024 to 2034) | 4.3% |
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The global sports social media platform market size is projected to experience significant growth, with a market value of $2.5 billion in 2023 and expected to reach $6.8 billion by 2032, reflecting a compound annual growth rate (CAGR) of 11.7%. This impressive growth can be attributed to the increasing integration of social media in sports, the surge in smartphone and internet usage, and the rising fan engagement in sports activities globally.
One of the prominent growth factors in the sports social media platform market is the increasing demand for real-time engagement. Fans today seek instant updates and live interactions with their favorite athletes and teams. The advent of live streaming and real-time content sharing on social media has made it easier for fans to stay connected and engage actively with sports events. This trend is expected to continue driving the demand for sports social media platforms, which provide seamless interaction and updates, creating a more interactive and engaging fan experience.
Moreover, the proliferation of smartphones and high-speed internet has significantly boosted the market. With more than half of the global population owning a smartphone, the accessibility to sports content and social media platforms has never been higher. This widespread smartphone adoption allows fans from even the most remote areas to participate in global sports conversations, share content, and follow their favorite sports personalities or teams, driving the market's growth further.
The monetization opportunities within the sports social media platform also act as a significant growth driver. Brands and advertisers are increasingly recognizing the value of sports platforms for marketing purposes, resulting in substantial investments. Sponsorships, advertisements, and paid partnerships on these platforms provide a lucrative revenue stream, contributing to the market's expansion. Additionally, sports organizations are leveraging these platforms for promotional activities, ticket sales, and merchandise marketing, further propelling market growth.
Fantasy Football has emerged as a popular activity that complements the sports social media platform market. It allows fans to engage with sports on a deeper level by creating and managing their own virtual teams based on real-life players. This interactive form of entertainment not only enhances fan engagement but also drives traffic to social media platforms as users share their experiences, strategies, and results. The integration of Fantasy Football features into social media platforms can significantly boost user interaction and retention, making it an attractive proposition for platform developers. As fans become more invested in their fantasy teams, they are likely to spend more time on these platforms, contributing to increased advertising revenue and sponsorship opportunities.
Regionally, North America dominates the sports social media platform market, followed by Europe and Asia Pacific. This dominance can be attributed to the high penetration of social media, established sports leagues, and the presence of key market players in these regions. However, the Asia Pacific region is anticipated to witness the fastest growth rate during the forecast period, driven by the increasing popularity of sports, rising disposable incomes, and the rapid adoption of digital technologies in countries like India and China.
Fan Engagement Platforms are a crucial segment within the sports social media platform market. These platforms primarily focus on enhancing fan interaction through features like live chats, polls, quizzes, and exclusive content. The demand for fan engagement platforms is driven by the increasing need for sports organizations to maintain a loyal fan base and provide value-added experiences. With the advent of interactive technologies such as augmented reality (AR) and virtual reality (VR), fan engagement platforms are evolving to offer immersive experiences, further boosting their market share.
Athlete-Centric Platforms are designed specifically for athletes, providing them with a medium to connect with fans, share personal updates, and build their personal brand. These platforms are becoming increasingly popular as athletes seek to engage directly with their audience, bypassing traditional media channels. The rise of influencer marketing has also propelled the growth of ath
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[415 Pages Report] The global enterprise social networks market size totaled US$ 6.4 Billion in 2021. Sales in the enterprise social networks market are expected to increase at a 13.9% CAGR, with the market valuation reaching US$ 26.5 Billion by 2032.
Attributes | Details |
---|---|
Enterprise Social Networks Market Estimated Size (2022) | US$ 7.2 Billion |
Projected Market Valuation (2032) | US$ 26.5 Billion |
Value-based CAGR% (2022 to 2032) | 13.9% |
Top 5 Vendor Market Share | Around 45% |
Scope of Report
Attributes | Details |
---|---|
Estimated Market Size (2022) | US$ 7.2 Billion |
Projected Market Valuation (2032) | US$ 26.5 Billion |
Value-based CAGR (2022 to 2032) | 13.9% |
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | US$ Billion for Value |
Key Regions Covered | North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa |
Key Countries Covered | The USA, Canada, Germany, The UK, France, Italy, Spain, Russia, China, Japan, South Korea, India, Malaysia, Indonesia, Singapore, Australia & New Zealand, GCC Countries, Turkey, North Africa and South Africa |
Key Segments Covered | Type, Enterprise Size, Industry and Region |
Key Companies Profiled |
|
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
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Social Media Analytics Market was valued at USD 10.26 Bn in 2024, projected to reach USD 35.88 Bn by 2030, growing at 23.20% CAGR during 2025–30, says MarkNtel Advisors.
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The global social media platform market is projected to reach a colossal value of XXX million by 2033, expanding at a CAGR of XX% from 2025 to 2033. The surge in internet penetration, coupled with the proliferation of smartphones, has acted as a major catalyst for market growth. Social media platforms have become an integral part of personal and business communication, enabling users to connect, share information, and build communities. The rise of e-commerce has further fueled market expansion, as businesses leverage social media to engage with customers, promote products, and drive sales. The market is characterized by a diverse competitive landscape, with established players such as Facebook, Twitter, Instagram, and LinkedIn vying for market share. These platforms continue to innovate and expand their offerings through features such as live streaming, video conferencing, and augmented reality. Emerging players are also gaining traction by offering niche solutions and targeting specific demographics. Key market trends include the integration of artificial intelligence (AI) and machine learning (ML) to personalize content and improve user engagement. Additionally, the increasing adoption of social media for business purposes is driving the development of enterprise-focused solutions. However, privacy concerns, data breaches, and the potential for misinformation to spread on social media platforms remain challenges that need to be addressed.
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Global decentralized social network sales revenue is estimated to total US$ 12,132.2 million in 2023. The market is likely to surpass US$ 101,200.8 million by 2033. Over the next ten years, global decentralized social network demand is likely to rise at a CAGR of 23.6%.
Attributes | Key Insights |
---|---|
Estimated Global Decentralized Social Network Market Size (2023) | US$ 12,132.2 million |
Projected Decentralized Social Network Market Value (2033) | US$ 101,200.8 million |
Value-based CAGR (2023 to 2033) | 23.6% |
Country-wise Insights
Country | United Kingdom |
---|---|
Market Size (US$ million) by End of Forecast Period (2033) | US$ 1,019.1 million |
CAGR from 2023 to End of Forecast (2033) | 28.4% |
Country | China |
---|---|
Market Size (US$ million) by End of Forecast Period (2033) | US$ 1,225.3 million |
CAGR from 2023 to End of Forecast (2033) | 29.6% |
Country | Japan |
---|---|
Market Size (US$ million) by End of Forecast Period (2033) | US$ 1,141.6 million |
CAGR from 2023 to End of Forecast (2033) | 31.0% |
Country | South Korea |
---|---|
Market Size (US$ million) by End of Forecast Period (2033) | US$ 945.1 million |
CAGR from 2023 to End of Forecast (2033) | 27.2% |
Scope of the Report
Attribute | Details |
---|---|
Estimated Market Size (2023) | US$ 12,132.2 million |
Projected Market Size (2033) | US$ 101,200.8 million |
Anticipated Growth Rate (2023 to 2033) | 23.6% CAGR |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | US$ Billion for Value and MT for Volume |
Key Regions Covered |
|
Key Countries Covered | United States, Canada, Mexico, Brazil, Germany, Italy, France, United Kingdom, Spain, BENELUX, Russia, China, Japan, South Korea, India, ASEAN, Australia and New Zealand, Türkiye, South Africa, GCC Countries, and Others. |
Key Segments Covered | Block Chain Type, User Type, End-use Industry, and Region |
Key Companies Profiled |
|
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The Social Media Listening Market Report is Segmented by Component (Software, and Services), Organization Size (Large Enterprises, Small and Medium-Sized Enterprises), Analytics Type (Text Analytics, Image Analytics, and More), Application (Brand Health Tracking, Crisis Management, and More), Industry Vertical (Retail and E-Commerce, BFSI, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).
As of December 2021, Tencent had a market capitalization of over *** billion U.S. dollars, by far the highest in the Asia-Pacific region. Singapore-based tech conglomerate Sea Limited followed with a market cap of approximately *** billion dollars.
A multimedia behemoth
In terms of market cap, Tencent is among the 100 largest companies in the world. Founded in 1998 and headquartered in Shenzhen, Tencent is a tech and entertainment conglomerate generating revenue across multiple industries. Known for mobile gaming apps such as PUBG Mobile or Honor of Kings, value-added services are Tencent's biggest segment. The company also operates China's most-used instant messaging app WeChat and the country's leading music streaming services.
Catering to consumer needs
Similar to its stakeholder Tencent, Sea Limited is diversified across various market segments. Founded in 2009, Sea Ltd. generates multi-billion dollars revenues from its e-commerce and digital entertainment segments. It is a parent company to major Southeast Asian e-commerce platform Shopee and to Garena, an online game developer. Garena operates gaming platform Garena+ with over ** million paying users. Gaming networks such as Garena+ are the fastest-growing digital media market segment in Southeast Asia.
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The AI In Social Media Market report segments the industry into Technology (Machine Learning and Deep Learning, Natural Language Processing (NLP)), Application (Customer Experience Management, and more), Service (Managed Service, Professional Service), Organization Size (Small and Medium Enterprises, Large Enterprises), End-User Industry (Retail, and more), and Geography (North America, and more).
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According to Cognitive Market Research, the global Social Commerce Market size will be USD 769485.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 32.20% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 307794.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 30.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 230845.56 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 176981.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 34.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 38474.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 31.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 15389.70 million in 2024 and will grow at a compound annual growth rate (CAGR) of 31.9% from 2024 to 2031.
The business to consumer (B2C) held the highest Social Commerce Market revenue share in 2024.
Market Dynamics of Social Commerce Market
Key Drivers for Social Commerce Market
The rise of social media is driving the growth of social commerce
The growth of social commerce is heavily influenced by the rise of social media and its increased usage on mobile devices. Social media platforms such as Facebook, Instagram, TikTok and WhatsApp have become major hubs for online shoppers. Customers are more likely to find and buy products directly from social media platforms than from traditional e-commerce websites since they spend more time on these channels.
For instance,
5.24 billion use social media worldwide, as of January, 2025.Facebook remains to be the leading social media platform with over 3 billion monthly active users, followed by YouTube with 2.5 billion and Instagram with 2 billion monthly active users.
90% of consumers rely on social media to keep up with trends and cultural moments and nearly half of them interact with brands more often on social media platforms.
(Source: https://backlinko.com/social-media-users)
https://sproutsocial.com/insights/social-media-statistics/#social-media-usage-statistics)
Advancements in Technology to Propel Market Growth
The Social Commerce Market has witnessed steady growth, driven by advancements in technology. Mobile technology has advanced significantly over the last ten years, and smartphones are now an essential part of people's everyday lives. Users are increasingly choosing to shop straight from their smartphones because to improved smartphone capabilities and internet connectivity, which has expanded mobile commerce. Additionally, more people are using smartphones due to rising disposable incomes, which ultimately enhances the social commerce market value environment.
Restraint Factor for the Social Commerce Market
Growing concerns around data privacy restrict market growth
Mobile phones have become a personal hub for information. With the increasing amount of sensitive data stored on these devices, privacy concerns have emerged as one of the most pressing issues. Additionally, since social media and commerce platforms handle private and sensitive financial data, they are susceptible to data breaches and misuse, which can impact a company's finances and reputation. Customers are less likely to trust businesses that don't prioritize security and transparency. This can impact consumer behavior, with individuals opting out of data collection or choosing alternative providers that offer stronger privacy protections.
Impact of Covid-19 on the Social Commerce Market
The Social Commerce Market has witnessed growth due to rising number of smartphones. Key drivers include technological advancements, increasing internet penetration, and expanding influencer marketing. However, the COVID-19 pandemic temporarily disrupted production and supply chains, affecting market dynamics. The lockdowns led to reduced consumer spending and manufacturing delays. Despite these challenges, market recovery was swift as the industries resumed operations. Long-term trends indicate a resilient market with steady growth due to ongoing social media platforms and a re...
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The social media marketing platform market is experiencing robust growth, driven by the increasing reliance of businesses on social media for engagement, brand building, and customer acquisition. The market, estimated at $20 billion in 2025, is projected to maintain a healthy Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching an estimated market value of $60 billion by 2033. This expansion is fueled by several key trends, including the rise of social commerce, the increasing sophistication of social media analytics tools, and the growing demand for effective social listening and crisis management capabilities. The market is segmented by platform type (e.g., scheduling, analytics, listening), deployment mode (cloud, on-premise), business size (SMEs, enterprises), and geographic region. Major players like HubSpot, Sprout Social, Hootsuite, and Salesforce dominate the market, offering comprehensive suites of tools, while smaller, specialized companies address niche needs. However, challenges remain, including the constantly evolving social media landscape, concerns around data privacy and security, and the need for businesses to demonstrate a strong return on investment from their social media marketing efforts. Despite the competitive landscape, opportunities abound for platform providers who can offer innovative solutions, such as AI-powered content creation tools, advanced sentiment analysis, and seamless integrations with other marketing technologies. The increasing complexity of social media management necessitates more robust and user-friendly platforms. Furthermore, the growing adoption of social media by small and medium-sized enterprises (SMEs) presents a significant growth avenue for companies offering affordable and easy-to-use solutions. Geographic expansion into emerging markets with high social media penetration also offers significant potential. The market is poised for continued expansion, driven by technological advancements, evolving consumer behavior, and the enduring importance of social media as a vital marketing channel.
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The total value of global social media and destination market is USD 120 billion in 2025 and is expected to grow at a CAGR of 7.8% to USD 250 billion by 2035.
Attribute | Details |
---|---|
Current Global Social Media & Destination Marketing Market Size (2024A) | USD 110 Billion |
Estimated Market Size (2025E) | USD 120 Billion |
Projected Market Size (2035F) | USD 250 Billion |
Value CAGR (2025 to 2035) | 7.8% |
Market Share of Top Platforms (2025) | ~60%-65% |
Country-wise Social Media & Destination Marketing Insights
Country | Estimated Ad Spend (2025) |
---|---|
United States | USD 20 Billion |
China | USD 15 Billion |
France | USD 10 Billion |
UAE | USD 8 Billion |
Brazil | USD 6 Billion |
Australia | USD 5 Billion |
India | USD 9 Billion |
Thailand | USD 7 Billion |
South Africa | USD 4 Billion |
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The global business social networking market is experiencing robust growth, driven by the increasing need for professional networking, collaboration, and recruitment among both corporate users and individuals. The market, estimated at $50 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching an estimated market value exceeding $150 billion by 2033. This expansion is fueled by several key trends including the rise of remote work, which necessitates efficient online collaboration tools, and the increasing adoption of social media for recruitment and talent acquisition. Furthermore, the evolution of business social networks towards more sophisticated features, such as integrated project management tools and enhanced data analytics, enhances their value proposition for businesses of all sizes. While the market faces constraints such as data privacy concerns and the potential for misuse, the overall growth trajectory remains positive. The segment breakdown reveals significant adoption across various applications, with corporate users representing a larger market share compared to individual users. Within the 'types' segment, websites retain a considerable market presence alongside the rapidly growing mobile application segment. Leading players like LinkedIn, XING, and other niche platforms cater to this demand, offering specialized features and functionalities tailored to different industry segments and user needs. The geographical distribution of market share reflects the established tech ecosystems in North America and Europe, although the Asia-Pacific region is expected to witness considerable growth, particularly in countries like China and India, driven by increasing internet penetration and a growing digitally-savvy workforce. The competitive landscape is dynamic, with established players facing challenges from emerging niche platforms catering to specific industry verticals or geographical regions. The success of individual platforms hinges on their ability to differentiate through innovative features, superior user experience, and strong community engagement. Continued innovation in areas such as AI-powered networking tools, enhanced security measures, and seamless integration with other business applications will be crucial in driving further market penetration and sustained growth. The increasing focus on data privacy and regulatory compliance will also be a key determinant of future market development. Strategic partnerships, acquisitions, and the development of advanced analytical capabilities will continue to shape the competitive landscape as platforms strive to optimize their value propositions and expand their user base.
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GoDaddy Inc. engages in the design and development of cloud-based technology products in the United States and internationally. The company provides domain name registration product that enables to engage customers at the initial stage of establishing a digital identity. It also offers shared Website hosting products that provide various applications and products, such as web analytics, Secure Sockets Layer certificates, and WordPress; Website hosting on virtual private servers and virtual dedicated servers products, which allows customers to select the server configuration suited for their applications, requirements, and growth; managed hosting products to set up, monitor, maintain, secure, and patch software and servers for customers; and security products, a suite of tools designed to help secure customers' online presence. In addition, the company provides presence products, such as Websites + Marketing, a do-it-yourself mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; a range of marketing tools and services designed to help businesses acquire and engage customers, and create content, as well as search engine optimization that helps customers get their websites found on search sites; and social media management services. Further, it offers business application products, such as Microsoft Office 365, email accounts, email marketing, and Internet-based telephony services; online store capabilities that allows customers to transact business directly on their websites; GoDaddy Payments, a payment facilitator; and point-of-sale (POS) devices, as well as software for POS. The company serves small businesses, individuals, organizations, developers, designers, and domain investors. GoDaddy Inc. was incorporated in 2014 and is headquartered in Tempe, Arizona.
Truth Social, the Trump-owned social media platform, started trading publicly on March 26, 2024. The social network has fewer users and a lower valuation than Meta Platforms, X (formerly Twitter), and Pinterest did at their initial public offerings. The market capitalization of Truth Social when it went public was estimated to be six billion dollars, with an estimated five million monthly active users.