To The Moon

Hey, this is Stocks_Pedia. I would like to introduce some unfamiliar companies that may be of some help to your investments. The company I’m going to introduce is $Snap Inc(SNAP)$ . It went public on 2nd March 2017. [Company Profile] Snap Inc. is a camera company. The Company's flagship product, Snapchat, is a camera application that helps people communicate visually with friends and family through short videos and images called Snaps. Snapchat is its core mobile device application and contains five tabs. Its tabs include Camera, Communication, Snap Map, Stories and Spotlight. The Camera is the starting point for creation in Snapchat. Snapchat opens directly to the Camera, making it easy to create a Snap and send it to friends. Communication allows users to send Snaps to friends collectively or individually, through its messaging architecture. Snap Map is a live and personalized map that allows Snapchatters to connect with friends and explore what is going on in their local area. Stories feature content from a Snapchatter's friends, its community, and its content partners. Spotlight is a way to share user-generated content with the entire Snapchat community. Its advertising products include Snap Ads and AR Ads. [History & Events] 2011: The company was founded on September 16, 2011, by Evan Spiegel and Bobby Murphy. 2013: The application was hacked and 4.6 million usernames and phone numbers were leaked to the Internet. 2014: The company acquired the software company AddLive. 2014: In December, the company acquired Vergence Labs for $15 million in cash and stock, and the mobile app Scan for $50 million. 2015: The company moved from its original headquarters to a 4,366 ㎡ office complex near Venice Beach and signed a 10-year lease. 2015: In September, Snapchat acquired Looksery to develop Lenses for its mobile app. 2017: The company went public, and raised almost $30 billion in market capitalization on the first day of trading. 2017: Tencent acquired a 12% non-voting minority equity stake of the company in the open market. 2022: The Verge reported that Snap would be laying off 20% of its 6,400-person workforce. [Main Business Segments] [Net Income & Total Revenue] [Competitors] Quibi (also known as NewTV) TikTok $Meta Platforms, Inc.(META)$ $Pinterest, Inc.(PINS)$