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The company was named Snapchat Inc. at its inception, but it was rebranded Snap Inc. on September 24, 2016, in order to include the Spectacles product under the company name. [ 12 ] The founders own a combined 95% of voting shares (Spiegel with 48% and Murphy with 47%), which are undiluted and transferable to the other when one retires or dies.
Snapchat is one of the most popular social media apps among young people, averaging 306 million daily users. Learn about Snap Inc.'s market value and net worth.
The share price rises to a little over $24 by the end of the day, corresponding to a market cap of $33 billion. [132] The price rises by another 10% on Friday, March 3, but as of March 3, Snap Inc. still has no buy ratings from analysts. [10] [133] 2017 June 21 Product Snapchat launches location sharing with a new feature called Snap Map.
This Financial Times –based list is up to date as of December 31, 2016. Indicated changes in market value are relative to the previous quarter. Rank. First quarter [64][note 4] Second quarter [65][note 4] Third quarter [66][note 4] Fourth quarter [67][note 4] 1. Apple.
Snapchat: Snap Inc. United States: 2011 800 million [11] 414 million daily active users [11] 11 Douyin: ByteDance China: 2016 755 million [3] 12 Kuaishou: Kuaishou China: 2011 700 million [3] 13 Weibo: Weibo Corporation China: 2009 586 million [12] 241 million daily active users [13] 14 QQ: Tencent China: 1999 554 million [3]
Tencent Holdings Ltd. (Chinese: 腾讯; pinyin: Téngxùn) is a Chinese multinational technology conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimedia companies in the world based on revenue. It is also the world's largest company in the video game industry based on its equity investments.
Website. www.snapchat.com. Snapchat is an American multimedia instant messaging app and service developed by Snap Inc., originally Snapchat Inc. One of the principal features of the multimedia Snapchat is that pictures and messages are usually available for only a short time before they become inaccessible to their recipients.
List of countries by stock market capitalization. World map of stock market capitalization by country. ≥ $5 trillion. $2 trillion–$5 trillion. $1 trillion–$2 trillion. $750 billion–$1 trillion. $500 billion–$750 billion. $250 billion–$500 billion. $100 billion–$250 billion.