Snapchat
Ah, the people responsible for the selfie craze. Evan Spiegel and Bobby Murphy released an app in 2011, unaware of how it would blow up. Currently, the selfie-sharing giant is valued at over $20 billion. Coming back to Tencent, the Chinese business honed in on Snapchat too. They came in with the big guns, knowing their no-nonsense approach to business, acquiring a 10% stake at $2 billion. Besides this huge stake, Tencent aided Snapchat in establishing their AR services.
Snapchat
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