The World Startup Wiki team has done a research and examined the data from the top 3 biggest internet companies each in 50 countries from around the world and curated an interesting visual data of total 150 companies across the globe.
World Startup Wiki called it as "Internet Hall of Fame" and has chosen the 3 biggest Internet companies in each country based on valuation. The country matching was done according to where the majority of a company’s operations (number of employees in the country) are held. Valuation data comes from: stock market data (highest point in the history of the company was selected), acquisition value, valuation at the latest round of investment, or, as a last resort, a guesstimate based on revenues and industry.
Below are the Top 50 countries with highest valued Internet companies. Nobody is surprised to see the US holding down position No.1. Can you guess which country holds the 2nd spot? Or the 5th? What about the 20th position? The image below shows the Top 10 countries and the highest valued Internet company in each.
Europe does not have a single country in the Top 10 list. However, Europe dominates the 11-20 list, securing 8 of 10 positions there. See the Table below for the country list. This and many more interesting insights were gleaned from our research.
World startup Wiki have selected 50 countries in its research to represent a wide range of geographies, economic development levels, population sizes and many more. In the end, we wanted to find out what sort of development is possible in each of these countries. Our proxy - the historical size of Internet companies and their respective valuations. Each of the selected 50 countries is represented by their 3 largest companies measured in $USD. You can find the full data of our research HERE.
As per the report 29 countries including India have at least one $1 billion company. Europe has a very high number of countries in this club, even though none of them made it to the TOP 10. This only proves that it is possible to build Billion $ companies in Europe, but there is the glass ceiling after crossing a certain size.
8 companies of ‘TOP 10 companies’ list are Public. 1 (Alibaba) filed for IPO and one company in the TOP 10 is private. This demonstrates that going IPO creates the highest value to the company and allows it to grow to hundreds of billions of $. If we took data from all 150 companies, Public companies would on average be 6x bigger than Private companies and over 60 times larger than the average acquisition value.
The World Startup Wiki team has also prepared an interesting presentation below worth for reading:
[Via - World Startup Wiki - Internet Hall of Fame]
World Startup Wiki called it as "Internet Hall of Fame" and has chosen the 3 biggest Internet companies in each country based on valuation. The country matching was done according to where the majority of a company’s operations (number of employees in the country) are held. Valuation data comes from: stock market data (highest point in the history of the company was selected), acquisition value, valuation at the latest round of investment, or, as a last resort, a guesstimate based on revenues and industry.
Top 10 Countries
Below are the Top 50 countries with highest valued Internet companies. Nobody is surprised to see the US holding down position No.1. Can you guess which country holds the 2nd spot? Or the 5th? What about the 20th position? The image below shows the Top 10 countries and the highest valued Internet company in each.
- US - Google - $410 B
- China - Alibaba - $200 B
- South Africa - Naspers - $46 B
- South Korea - Naver - $28 B
- Japan - Line - $28 B
- Russia - Yandex - $15.8 B
- Israel - Check Point - $13.6 B
- Australia - REA Group - $6.6 B
- Brazil - Mercado Livre - $6.4 B
- Canada - OpenText - $6.3 B
.
.
.
19. India - Flipkart - $2.5 B
Europe does not have a single country in the Top 10 list. However, Europe dominates the 11-20 list, securing 8 of 10 positions there. See the Table below for the country list. This and many more interesting insights were gleaned from our research.
The Billion Dollar Club
World startup Wiki have selected 50 countries in its research to represent a wide range of geographies, economic development levels, population sizes and many more. In the end, we wanted to find out what sort of development is possible in each of these countries. Our proxy - the historical size of Internet companies and their respective valuations. Each of the selected 50 countries is represented by their 3 largest companies measured in $USD. You can find the full data of our research HERE.
As per the report 29 countries including India have at least one $1 billion company. Europe has a very high number of countries in this club, even though none of them made it to the TOP 10. This only proves that it is possible to build Billion $ companies in Europe, but there is the glass ceiling after crossing a certain size.
8 companies of ‘TOP 10 companies’ list are Public. 1 (Alibaba) filed for IPO and one company in the TOP 10 is private. This demonstrates that going IPO creates the highest value to the company and allows it to grow to hundreds of billions of $. If we took data from all 150 companies, Public companies would on average be 6x bigger than Private companies and over 60 times larger than the average acquisition value.
The World Startup Wiki team has also prepared an interesting presentation below worth for reading:
[Via - World Startup Wiki - Internet Hall of Fame]
Advertisements