The 10 Most Popular Social-Media Networks (Bet You Haven't Heard of No. 5)
Social Media touches every corner of the globe. Image source: Getty Images.
The network effect can provide a business with one of its most significant competitive advantages, and social media is the very essence of that effect -- the more users a site has, the more value it presents to new users, creating a virtuous cycle. According to We Are Social, there are 2.8 billion social-media users in 2017, with a global penetration rate of 37%. That's a 22% increase over last year.
Two companies dominate this field. Facebook, Inc. (NASDAQ: FB) boasts four of the top 10 sites, while China's Tencent (NASDAQOTH: TCEHY) claims three spots. Here's a list of the most popular social-media networks in terms of monthly active users (MAUs) and in descending order.
Source: Fool.com