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Spotify, YouTube and Google Websites

Source: Bloomberg / Getty

 

Move over Facebook Inc., YouTube is fighting to become the most successful form of social media in the world.

The video site currently has more than 1 billion active users a month. And, it’s growing every day and worth nearly $80 billion, according to analysts at Bank of America Merrill Lynch.

That valuation is more than eBay, Starbucks, Costco, Lockheed Martin, and Dow Chemical Co.

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