Snapchat
We doubt that the trend of adding ridiculous filters on our images would have started if it hadn’t been for Snapchat. Bobby Murphy and Evan Spiegel started the app in 2011 with no idea how big it would become. Snapchat is estimated to be valued at more than $20 billion at the moment. Tencent, a Chinese firm, was able to expand its reach to Snapchat in 2017. This internet behemoth paid more than $2 billion for a 10% interest in the social networking firm, hoping to profit handsomely. Apart from that, Tencent aided Snapchat in the development of augmented reality capabilities by leveraging its technological knowledge.
Snapchat
Ingram Micro
Ingram Micro began as a small electronics goods dealer in 1979. After then, it was able to grow into a multibillion-dollar corporation! It was able to take over Softinvest, a Belgian corporation, in the early 1990s. Ingram was able to distribute HP products as a result of this move, giving them a stronger presence in the market. Tianjin Tianhai Investment, a Chinese business under the HNA Group, purchased Ingram for $6 billion in 2016. As a result, it became one of the parent company’s top earners across the board. On the other side, Ingram gained a stronger international presence as a result of this.
Ingram Micro