Snapchat
Without Snapchat, we doubt that the trend of using silly filters on our photos would have come to be. In 2011, Bobby Murphy and Evan Spiegel launched the app without any idea of just how big it was going to be. Right now, Snapchat is believed to be worth more than $20 billion. In 2017, Chinese company Tencent was able to extend its reach to Snapchat as well. This tech giant paid more than $2 billion to get a 10% stake in the social media company in the hopes of getting a nifty return. Aside from that, Tencent also helped Snapchat by developing the augmented reality features with the use of its tech expertise.
Snapchat
Ingram Micro
In 1979, Ingram Micro started out as a small tech product distributor. It was able to turn into a multi-billion-dollar company after doing so! In the early ‘90s, it was able to take over a Belgium company by the name of Softinvest. This move gave Ingram the chance to distribute HP products and gain an even bigger foothold on the market. In 2016, a Chinese company under the HNA Group called Tianjin Tianhai Investment bought Ingram for $6 billion. This made it one of the biggest earners of the parent company in its entire portfolio. On the other hand, this also gave Ingram an even bigger international presence.
Ingram Micro
