TOP 10 largest social networks in Vietnam today
What is Social Networking? How many social networks are there in Vietnam? Or which social networks are thriving, you know?
In October 2022, Elon Musk spent $44 billion to acquire X, but the platform's value has now dropped 78.6% to about $9.4 billion.
According to data from Fidelity, the asset management fund that owns shares in Elon Musk's company, nearly two years after being owned by the South African billionaire, X (formerly Twitter) continues to decline in value. The value of this social network is assessed by the fund based on the shares invested.

Specifically, Fidelity invested $19.66 million when Musk bought Twitter. By the end of July, the value of that stake had dropped to just $5.5 million. Based on that ratio, the $44 billion Musk spent in 2022 is now worth $9.4 billion.
According to Fortune, X's advertising revenue in 2023 is 2.5 billion, only half of 2022.
Meanwhile, advertisers are continuing to abandon X. A September survey of 1,000 executives and 18,000 consumers in more than 20 countries by market research firm Kantar found that 26% of businesses plan to reduce spending on advertising on X next year due to concerns about extremist content affecting their brand reputation. This is the highest rate among major global advertising platforms. Only 4% rated X as “safe”, compared to 39% for Google Ads.
Previously, X was also continuously priced by Fidelity with a downward trend in value.
What is Social Networking? How many social networks are there in Vietnam? Or which social networks are thriving, you know?
Shopee, an online shopping site, is very safe and convenient, so you can quickly find the items you need for your best price. In addition, this online shopping application also integrates the features of social networks and links
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