Team TA over 2 years ago

Jawed Karim, Steve Chen, and Chad Hurley founded YouTube in 2005, making it the most popular free online video platform and its second most visited website. It began as a dating service, but it quickly grew to include general video material.

Google noticed its enormous potential and purchased it for $1.65 billion in 2006. The firm employed 65 employees at the time and was not profitable. It now employs 5,000 employees, with advertising monetization as its primary source of revenue.

YouTube has 2 billion registered users, with 81% being between 15 and 25 in age. The United States makes up the majority of traffic (15%), followed by India (8%) and Japan (4.6%). However, there are 91 countries and 80+ languages represented. On average, 500 hours of video are uploaded every minute globally, with mobile devices accounting for 70% of all views.

With 2 billion registered users and $15 billion in advertising income, YouTube is the industry leader in online video.

Vimeo, Wistia, Dailymotion, Twitch, and Dtube are some of YouTube’s top competitors and alternatives.

Interested to read more? Visit: https://techabu.co/blog/youtube-competitors/

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