What is FAANG? What is FAAMG, FAANG, GAFAM?
What is FAANG? What is FAAMG, FAANG, GAFAM? You must have heard all these words somewhere or the other? But have you tried to know what all this is? What is their full form? These are all big companies. But which are the companies? And which country do all these companies belong to?
What is FAANG?
FAANG stands for Facebook, Amazon, Apple, Netflix, and Google. All these companies are from America. These five companies are very big.
Facebook is the largest social media website in the world. Amazon is the largest shopping platform in the world. Apple company is the king in the smartphone business. Netflix is number 1 in the world in terms of OTT. You must have known Google, the world’s largest search engine is Google.
What is GAFAM and FAAMG?
FAAMG and GAFAM are the same, just these two have been changed and written. These are also the five biggest companies of America. It has Microsoft instead of Netflix.
Facebook, Amazon, Apple, Microsoft, and Google
Microsoft is the company of Bill Gates, which makes the Windows operating system, apart from this company makes software.
You must have heard the name of MS Office, it is a product of Microsoft.
They are called Big 5 in America because they are one of the biggest companies in America and these companies benefit America a lot.
All these companies are popular all over the world. For example, Apple company’s smartphones and laptops are sold all over the world. Despite being expensive, Apple’s product is the most bought.
Facebook is the most used social media website all over the world. Microsoft’s Windows operating system is the most used in the whole world.
The market value of FAANG companies is 3 trillion dollars ( 3 trillion dollars). This is 10% of the US stock market value. The US stock market is valued at $31 trillion.
Facebook has more than 2.5 billion monthly active users. It is available in 111 languages Facebook is only 17 years old now. As of December 2020, Facebook has a market capitalization of more than $780 billion. Instagram and Whatsapp are products of Facebook itself. You can guess from this how big a company Facebook is.
Amazon is the largest e-commerce website in the world. Along with e-commerce, this company also provides cloud computing. You must have heard the name of its Amazon Web Service, it is the largest cloud computing company in the world. Game streaming company Twitch also belongs to Amazon. Amazon Prime has over 100 million subscribers. Its market value is more than 1.62 trillion dollars.
Apple sells smartphones, tablets, laptops, smartwatches. This company was opened by Steve Jobs. Apple is one of the largest IT companies in the world. This company also has its own streaming service named Apple TV. The market value of the Apple company is more than $ 2.2 trillion.
Netflix is a streaming service where TV shows, movies are released. It has more than 200 million subscribers. It is the largest streaming service in the world. Big actors are making movies for Netflix today. Netflix’s TV show is very popular. Its market value is more than $282 billion.
Google is the largest search engine website in the world. It is quite popular. YouTube, Android operating system, Chrome browser is a product of Google. Apart from this, Google also provides cloud computing, email services. In electronics, Google also sells smartphones, smart home devices, Chromebook laptops. Its market value is more than 1.2 trillion dollars.
Microsoft was created by Bill Gates. This company is known for its Windows operating system. Microsoft manufactures and sells software. Apart from this, it also provides services in cloud computing. The popular gaming console XBOX is a product of this company. Its market value is more than 1.6 trillion dollars.
Also, Read – What Is Cache Memory?