Snap Inc.
American technology company / From Wikipedia, the free encyclopedia
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"Snap (company)" redirects here. For other uses, see Snap (disambiguation).
Snap Inc. is a technology company, founded on September 16, 2011, by Evan Spiegel, Bobby Murphy, and Reggie Brown based in Santa Monica, California. The company developed and maintains technological products and services, namely Snapchat, Spectacles, and Bitmoji. The company was named Snapchat Inc. at its inception, but it was rebranded Snap Inc. on September 24, 2016, in order to include the Spectacles product under the company name.[12]
Quick Facts Formerly, Company type ...
Formerly | Snapchat Inc. (2011–2016) |
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Company type | Public |
NYSE: SNAP (Class A) | |
Industry | |
Founded | September 16, 2011; 12 years ago (2011-09-16) (as Snapchat Inc.) |
Founders | |
Headquarters | , U.S. |
Area served | Worldwide |
Key people |
|
Products | |
Revenue | US$4.61 billion (2023) |
US$−1.4 billion (2023) | |
US$−1.3 billion (2023) | |
Total assets | US$7.97 billion (2023) |
Total equity | US$2.41 billion (2023) |
Owner | Evan Spiegel & Bobby Murphy (95.8% voting power combined) Tencent (45.43%) |
Number of employees | 5,289 (2023) |
Subsidiaries | Snap Limited |
Website | snap |
Footnotes / references [1][2][3][4][5][6][7][8][9][10][11] |
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The founders own a combined 95% of voting shares (Spiegel with 48% and Murphy with 47%), which are undiluted and transferable to the other when one retires or dies.[11]