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HYBE, TikTok, Twitter, Spotify, Clubhouse, and more make it onto TIME's 100 Most Influential Companies

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HYBE, TikTok, Twitter, Spotify, Clubhouse, and more make it onto TIME's 100 Most Influential Companies

TIME has revealed their 100 Most Influential Companies!

The first of its kind, the list is an expansion of the American magazine's TIME100 series that highlights influential companies and businesses that are making an impact across the world. The list features businesses across various fields including music, healthcare, transportation, social networking, and more who chosen by TIME based on impact, relevance, leadership, ambition, innovation, and success. 

Among the people on the inaugural edition of TIME100 Most Influential Companies is HYBE. The Korean entertainment company, formerly known as Big Hit Entertainment, is home to one of pop's leading acts BTS, and a handful of K-pop's chart-topping groups like SEVENTEEN, GFRIEND, TXT, and more.

While HYBE is now one of Korea's leading entertainment and lifestyle companies, TIME commended their underdog story, having first started as a small talent agency. Today, HYBE houses several subsidiaries across the entertainment industry and most recently partnered with Scooter Braun's Ithaca Holdings. 

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Also on the list is Spotify. TIME commended the Swedish streaming service for its impact on music consumption and streaming, having accumulated over 345 million active users and 155 million paying subscribers by the end of 2020. Spotify has expanded worldwide reaching over 170 markets across the world. 

TikTok has also made it onto the list. TikTok has become one of the most popular apps today, having easily changed the way people consumed videos online. It has over 50 million users in the US alone and millions more all across the world. Beyond just a platform for short-form content, TikTok has become a place for livestream events and e-commerce. 

In a time of social isolation and quarantine, companies like Clubhouse have really stepped up to the plate. TIME applauded the app for engaging conversations and bridging together people from all over the world with digital rooms where people can talk about anything from art to politics. 

Twitter also makes it onto TIME100's Most Influential Companies for defining daily topics and trends that range from entertainment to current affairs. The social media titan, which has been around since 2007, continues to roll out new features in a consistent effort to keep up with trends and cater to user needs. Twitter plans to release an array of services by 2030, which includes Twitter Spaces, Topics, Super Follow, and more. 

Other companies on the list also include Sony Group Corporation, Apple, Roblox, Rihanna's Savage x Fenty, Nintendo, Netflix, Zoom, Epic Games, Facebook, Disney, Tencent, and more. Check out the complete TIME100 Most Influential Companies here. 

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