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Snap Inc. owns Snapchat, which has grown rapidly since its founding in 2011. While it is not yet profitable, Snapchat has raised billions in funding rounds that have valued the company highly. Snapchat generates revenue primarily through advertisements on its platform. It has innovated features like Stories and filters that have helped engage its huge user base, which grew to over 150 million daily active users by 2016. Snapchat also released Spectacles, their first hardware product, and is working to build out their offerings and monetization strategies.
















