Social distancing measures amid the coronavirus pandemic have been rather difficult for everyone. While people remain locked indoors, social media companies offer huge respite from boredom that often becomes unbearable.

These companies have not only welcomed new users over the past couple of months but also have taken many steps to ensure engagement and good browsing experience. Let us thus take a look at how these companies have performed since the pandemic broke out and the factors likely to push them ahead.

3 Social Media Stocks That Gained Despite the Odds

Topping the list of social media companies are Facebook, Inc. FB, Twitter, Inc. TWTR and Snap Inc. SNAP that have fared well during the pandemic. Shares of these three giants have returned decently so far this year and year-over-year revenue growth impressed in recently released results.

Today, we have several modes and tools for consuming news. Browsers such as Opera, Chrome, and Microsoft Edge offer news integration right on their respective home screens. News providers are reaching more readers via social channels, which can get overwhelming at times. If you are an RSS feeds lover, like many others on the GT team, there are a few worthy RSS Feed reader apps for iPhone. Feedly and Reeder 4, which was launched last year, are two of the best RSS readers on iOS.

Facebook is often considered the 800-pound gorilla of the social networking market. Its family of apps -- which includes its main app, Instagram, and WhatsApp -- grew its monthly active users 14% year over year to 3.21 billion last quarter. Facebook also shares a near-duopoly with Alphabet's Google in the digital ad market.

However, several major social networks are still growing in Facebooks shadow. Lets take a closer look at three of them, how they withstood competition from Facebook, and what that resilience means for Facebooks long-term prospects.

1. Snapchat
2. Pinterest
3. Tiktok

As the world faced lockdowns, people restricted themselves to the four walls of their homes, increasing the amount of time they were spending on social media platforms and behind their screens, but this was not necessarily a bad thing. Social media kept the world connected when the harsh reality of the new normal kept everyone physically apart. This magnanimous increase in screen-time presented brands and organizations an opportunity to connect with their audiences like never before. As we look towards 2021, we must understand that 2020 has changed how we will do business forever. Clearly, there are no effective marketing strategies without social media going forward.

In researching the landscape ahead for social media, I spoke with entrepreneur and social media expert Brandon Mimms. Brandon has built over 10 million followers combined across various pages on Instagram, including @USA, @SantaClaus, @Shoes, @NiagaraFalls, and others.

The Steelers will make a little NFL history this weekend.

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The chip design, software development, system circuits, and manufacturing supply chain management are also expected to be open. 

Trump was previously a crypto skeptic, but changed his mind and embraced cryptocurrencies during this year's presidential race. 

New rules will come into effect for ICICI Credit Card holders from November 15. Here are the details.

Biofuel-Compatible Cars: Japan plans to encourage automakers to make all new passenger cars biofuel-compatible by the early 2030s.

Mercedes-AMG C 63 SE Performance: Mercedes-Benz has launched the Mercedes-AMG C 63 SE Performance in India with a price tag of Rs 1.95 crore.

The operating and net profit for H1 FY25 was Rs 1,50,023 crore (14.4 per cent YoY growth) and Rs 85,520 crore (25.6 per cent YoY growth).