While the world experienced the Covid-19 pandemic, affecting businesses, investments, and other forms of financial markets, the pandemic allowed for the government to support both personal households and companies so they could survive the period, so many companies still survived and stood strong making a whole lot of profits. In this post, I will be looking into a few companies that made it strong both during the pandemic and in 2021.
Taiwan Semi-Conductor company (TSMC) valued at $565B is one company that you might not be familiar with this company but it is a vital part of semi-conductors in phones and computer manufacturing ranging from companies such as Intel, Apple, and so on.
Alibaba and Ants Group are other companies that experienced massive growth both during and after the pandemic. Although Jack Ma of Alibaba spoke against the Chinese government and was missing for a while, this didn't stop the companies from operating and making a lot of revenue and increasing in shares price. Alibaba is currently valued at $628B. Putting Jack Ma at a $50.9B.
WeChat, QQ, parent company Tencent was also one company that made a profit last year and still making its share of profit. Valued at $683B, the company has made its CEO Pony Ma $71.6B.
Tesla is also one company that hit different milestones in 2020 ranging from being the most valuable automotive company to making Elon Musk the richest man in the world, thanks to its increase in share price.
Other companies that meet this list are Facebook, Alphabet ($1.18T), Amazon ($1.63), Microsoft ($1.68), Apple ($2.25T)