1 Million Downloads In 5 Weeks - New Social Apps Exploding During Lockdown - Seite 3

A Google Chrome extension, Netflix Party, for example allows groups of people to hang out online and stream their favorite Netflix (NASDAQ: NFLX) films and TV shows. The extension is already being used by 10 million users to come together for movie nights while maintaining their distance. Users have an incredible amount of content to choose from on Netflix. The platform features thousands of movies and hundreds of TV shows. And it's even expanding its original content. Netflix has pumped billions of dollars into producing and buying new TV shows and movies, and not just in the United States. Many countries have their own role of original content, and as the company's subscriber base grows, the sky is the limit for the $200 billion streaming giant. 

Another application that has skyrocketed in popularity is the video conferencing application Zoom (NASDAQ: ZM). The app has become a major hit among companies that have implemented work-from-home policies to keep their employees safe and prevent the spread of the virus. Zoom's technology has revolutionized workplace communication, it provides videotelephony and online chat services through a cloud-based peer-to-peer software platform and is used for teleconferencing, telecommuting, distance education, and social relations. It's so huge that another startup is using the platform to connect celebrities with their fans (for a nominal fee). The app has become so popular, in fact, that it has even been featured in popular television shows such as Saturday Night Live. In fact, a number of TV personalities are doing entire shows using the application. 

The most popular social applications on the Google and Apple stores, however, you might already be familiar with. Facebook (NASDAQ: FB) is the de facto leader. Its Messenger, WhatsApp and Instagram have exploded since the beginning of the pandemic. With over a billion people using the platforms, it's become a staple for staying in touch. Facebook's CEO Mark Zuckerberg has built an empire around online communication. After launching the original Facebook platform, he acquired WhatsApp and Instagram, moves which have helped propel the company into the elite of Silicon Valley. Now valued at over $660 billion, Facebook's only enemy is the growing threat of regulation. But Zuckerberg has already shown his ability to navigate political waters with efficiency.