I believe Snap Inc is worth 220 billion USD.
I know Snap Inc has barely turned a profitable reporting quarter.
However, Snap Inc, Snapchat’s owner is according to my humble opinion the only really viable competitor to Meta Inc, Facebook’s owner and Meta only one year ago had a market capitalisation of 1.1 trillion USD.
Snapchat is colourful, loved by young user demographic, still growing its user numbers and revenue and its fused with the smartphone camera and videos.
And videos are the mega trend of the future.
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