According to Snap Inc. 10-k, the company faces a huge challenge in the international and domestic business. The competitors of Snap Inc. are more established large companies, such as Apple, Twitter, Google, and Facebook. Snap Inc.’s snapchat is a popular software, which is competed to buy by Google and Facebook. In today’s social network, Snapchat would immediately make great changes for Google in mobile social applications if Google owns Snapchat. It would not only have a large number of young users, but also it could inflict the loss of the old rival, Facebook. On the other hand, Facebook was also vulnerable in the mobile social application. With the extremely rapid of the development of Snapchat, their new features are easy to attract
