Snapchat
We don’t think the habit of adding goofy filters to our images would have taken off without Snapchat. Bobby Murphy and Evan Spiegel launched the app in 2011 without any preconceived notions of its eventual popularity. Snap Inc., the parent company of Snapchat, is currently valued at over $20 billion. Tencent, a Chinese internet giant, was able to expand its market share by partnering with Snapchat in 2017. In the expectation of making a tidy profit, this internet behemoth paid almost $2 billion to acquire a 10% interest in the social media firm. Other than assisting with AR development, Tencent also provided technical skills to help Snapchat with its AR capabilities.
Snapchat
Ingram Micro
Ingram Micro was founded in 1979 as a modest distributor of high-tech goods. A multi-billion dollar firm was created as the result of this. It was able to take over Softinvest in Belgium in the early 1990s. Ingram now has the opportunity to distribute HP products and expand its market share even more. Tianjin Tianhai Investment, part of the HNA Group, acquired Ingram Micro for $6 billion in 2016. As a result, it became one of the top revenue generators for the parent corporation. On the other side, this boosted Ingram’s global reach even further.
Ingram Micro
