Having started as a PhD project at Stanford University, the Google project slowly gained traction and is now the number one search engine in the world, with a market share of 86 percent on the search engine market. Topping the ranking of largest internet companies worldwide is currently Alphabet, the parent company of Google, with a market capitalization of 1.3 trillion U.S. (founded in 1995), and the Chinese online giant Alibaba (founded in 1998), which have come to be some of the largest internet companies in the world. A few notable exceptions are American companies such as Google (founded in 1998), Amazon (founded in 1994) or eBay Inc. Few companies have survived the burst of the dot com bubble and even fewer have managed to become internationally successful. At the time, such startups were merely riding the wave of early internet business, but had little capital and perhaps one good idea. The end of the 1990s in the United States saw the rise of a great number of internet companies, also called online companies or a variety of the name “dot com,” where the “.com” domain is derived from the word commercial. dollars Second-ranked Amazon had a market capitalization of 1,373 billion U.S. Market value of the largest internet companies worldwide 2023Īs of August 2023, Alphabet was the biggest internet company worldwide with a market cap of over 1.6 trillion U.S.
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