Snapchat – is a mobile application intended for exchange of messages with photos attached to them.
According to Statista, in April 2016 the number of daily views of Snapchat videos from mobile reached up to 10 bn daily.
In September 2016, the company was renamed Snap Inc. and released spectacles for recording short videos with the possibility of publishing the content to social networks.
The spectacles are equipped with two cameras and a LED record indicator. The price of this product is 130 USD.
The company’s estimated price varies from 10 to 20 bn USD according to different sources.