<\/a>This may be the reason behind Tencent\u2019s decision to acquire a 12% stake in Snap Inc. just hours after Spiegel\u2019s announcements. According to Bloomberg, Tencent, the Chinese company behind WeChat, has developed very successful chat apps through engaging content, integrated services, and advertising (Bloomberg). It is apparent that they are trying to do the same with Snapchat, which has a larger U.S. audience than Tencent.<\/p>\nWill these serious changes help Snap Inc. climb out of its deep hole? As of right now, it is still unclear. Although investors might not be convinced, Spiegel and his team are confident that the long-term benefits will be worth it. I guess we will just have to wait and see.<\/p>\n
<\/p>\n
finance.yahoo.com\/quote\/SNAP<\/p>\n
https:\/\/www.bloomberg.com\/news\/articles\/2017-11-08\/tencent-buys-10-percent-stake-in-social-media-company-snap<\/p>\n
https:\/\/investor.snap.com\/~\/media\/Files\/S\/Snap-IR\/reports-and-presentations\/snap-inc-q3-2017-prepared-remarks.pdf<\/p>\n","protected":false},"excerpt":{"rendered":"
Prior to Snap\u2019s IPO in March, it had been evident that Snapchat was on its way to revolutionize the virtual communication process. However, this vision has been a concern for Wall Street. Ever since they went public, the company has lost over $3 billion and has not traded above its IPO price of $17 a […]<\/p>\n","protected":false},"author":1139,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/posts\/3725"}],"collection":[{"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/users\/1139"}],"replies":[{"embeddable":true,"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/comments?post=3725"}],"version-history":[{"count":4,"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/posts\/3725\/revisions"}],"predecessor-version":[{"id":3731,"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/posts\/3725\/revisions\/3731"}],"wp:attachment":[{"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/media?parent=3725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/categories?post=3725"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/tags?post=3725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}