We’ve all been deeply fascinated and curious about how much money Elon’s Tesla makes or what Facebook makes. But have you ever thought how much these giant enterprises would lose without the Internet? Well, if not, here’s a breakdown of the money these companies will lose without the Internet.
Amazon
At the top of our list, we have Amazon, the world’s largest e-commerce company with annual revenue of $574.8 billion and 310 million users, which would face a loss of $584,836 every minute without the Internet. Additionally, the cost for an hourly internet outage will be $65,614,155 and for an entire day, it will amount to $1,574,739,726.
Alphabet
Google’s parent company, Alphabet, with a multi-billion dollar business and technology network that connects the entire world, would also face devastating losses due to the Internet disruption. One anger mining will result in $584,836, one hour will cost $35,090,183, while an entire day of internet disruption will severely impact this collaboration with $842,164,384 in financial damage.
Meta (Facebook)
Third in the country is the world-renowned social network platform Facebook, now known as Meta, which has an annual revenue of $142,710,000,000. An internet outage for one minute will cost $271,518, an hour will result in $16,291,096, and an entire day without internet will cost $390,986,301.
Jingdong Mall
The fourth place is Jingdong Mall, which is the largest technology company by revenue in China, with an accumulation of 152.9 billion dollars per year. Jingdong Mall, similar to Amazon, is highly dependent on the Internet as a single minute of anger will cost the company $290,982, $17,458,904 per hour and $419,013,699 per day.
Uber
Uber is the largest and most popular ride-hailing app, allowing people to easily travel from one place to another. One of Uber’s strongest points among its competitors is its fast customer support, which resolves its users’ problems within minutes. Therefore, the company cannot even understand its success without the Internet. With an annual revenue of $37,280,000,000, Uber will lose $70,928 for a single minute without internet, $4,255,708 for an hour and $102,136,986 for an entire day.
Netflix
Netflix being the largest movie and TV show streaming platform in the world with annual revenue of $34,930,000,000 will suffer tremendously due to an online outrage as the entire platform depends on server streaming that makes the availability of internet an essential component of business. Just one minute of anger will cost Netflix $66,457. Conversely, one hour and one day will result in $3,987,443 and $95,698,630 respectively.
PayPal
PayPal is a world-renowned international banking transaction system that allows people to send and receive payments from one region to another without financial barriers or regulatory barriers, with annual revenue of $29,770,000,000. PayPal without the Internet for an hour will sink to $3,398,402, and for a whole day, this amount will reach $81,561,644.
Spotify
The world’s largest music and podcast streaming app, Spotify, will suffer immensely if it loses its internet connection, with $14,980,000,000 in annual revenue. Without internet for an hour, Spotify will lose $1,710,046 and one day, it will be a financial ruin of $41,041,096.
Here, readers, is a detailed overview of the loss of financial cooperation if the Internet goes offline, making us realize the enormous value of connectivity and communication to our individual lives and to our local and global businesses.
Internet company | Annual income | The cost of a 1 minute outage | The cost of a 1-hour outage | The cost of a 24-hour outage |
---|---|---|---|---|
Amazon | $574,780,000,000 | 1,093,569 | $65,614,155 | $1,574,739,726 |
Alphabet (Google) | $307,390,000,000 | $584,836 | $35,090,183 | $842,164,384 |
Jingdong Mall | $152,940,000,000 | 290,982 | $17,458,904 | $419,013,699 |
Meta Platforms (Facebook) | $142,710,000,000 | 271.518 | $16,291,096 | $390,986,301 |
Alibaba | $130,800,000,000 | 248,858 | $14,931,507 | $358,356,164 |
Tencent | 85,000,000,000 dollars | 161.720 | $9,703,196 | $232,876,712 |
Meituan | 37,290,000,000 | 70,947 | $4,256,849 | $102,164,384 |
Uber | 37,280,000,000 | 70,928 | $4,255,708 | $102,136,986 |
Netflix | 34,930,000,000 | 66,457 | $3,987,443 | $95,698,630 |
Pinduoduo | 34,870,000,000 | 66,343 | $3,980,594 | $95,534,247 |
PayPal | 29,770,000,000 | 56640 | $3,398,402 | $81,561,644 |
Dee Dee | 24,550,000,000 | 46709 | $2,802,511 | $67,260,274 |
Coupang | 24,380,000,000 | 46,385 | $2,783,105 | $66,794,521 |
Reservations Holdings | 21,360,000,000 | 40639 | $2,438,356 | $58,520,548 |
Baidu | 18,980,000,000 | 36,111 | $2,166,667 | 52,000,000 dollars |
Kuaishou technology | 16,000,000,000 | 30,441 | $1,826,484 | $43,835,616 |
Vipshop | 15,930,000,000 | 30,308 | $1,818,493 | 43 643 836 dollars |
Spotify | $14,980,000,000 | $28,501 | $1,710,046 | $41,041,096 |
Rakuten | $14,580,000,000 | $27,740 | 1 664 384 dollars | $39,945,205 |
MercadoLibre | $14,470,000,000 | 27530 dollars | $1,651,826 | 39 643 836 dollars |
Research courtesy of Cloudzero.
The methodology used included identifying the world’s most connected countries and the top 20 internet companies by revenue. Using NetBlocks data and specific formulas, the financial impact of internet shutdowns over different time periods was calculated. All figures are correct as of May 1, 2024.
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