Announces Snapchat's parent company IPO next year with a valuation of US$25 billion

Last month, Snapchat was renamed Snap Inc. The purpose of Snapchat is to show that it will become a company that not only depends on software revenue. Today, sources revealed that the soon-to-be-renamed Snapchat plan will begin IPO at the earliest in late March next year. The valuation may reach US$25 billion or more, and Snap Inc’s valuation in the latest round of financing is US$20 billion. If this happens, this will be the largest technology company IPO since Alibaba's IPO in 2014.

The current market value of Square and Box, which were listed last year, is lower than the valuation at the time of financing. Over the past few years, Snap Inc's valuation has risen sharply. The main reasons are divided into two points. First, the company’s messaging service includes features such as advertising and sponsorship content. Next, Snap began secretly deploying hardware products this year to establish a secret. R & D laboratory, and recently released the first hardware Spectacles sunglasses.

Among them, Snap Inc's advertising revenue has become more robust. Snap Inc once told investors that its advertising revenue in 2017 is expected to be US$1 billion. Research firm eMarketer predicts that by 2018, Snapchat will likely have nearly $2 billion in advertising revenue.

In order to continue to increase revenue to prepare for listing. Snapchat will make some adjustments to the original features. For example, it started as a photo-reading device. Currently, in order to increase the size of users, Snapchat will allow users to store some photos and videos for a long period of time. According to Engadget, Snapchat will soon launch targeted ads that allow advertisers to target ads based on information such as content viewed by a user.

For a long time, Snapchat is a fragrant pod, and every major tech giant wants to put it under its umbrella. As early as 2013, Facebook wanted to acquire Snapchat for US$3 billion, which was unfortunately rejected. In November of the same year, Google proposed to acquire Snapchat for US$4 billion, which also failed to return.

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Off-Grid Inverter

The off-grid inverter is an inverter used in off-grid solar power generation systems. Its main function is to convert the direct current generated by solar panels into alternating current to meet the power demand in off-grid environments, such as in remote areas, In camping, boats, or moving vehicles.

Main effect:
Converts the direct current generated by solar panels into alternating current to supply the power needs of homes, mobile devices, or other electrical appliances.
Off-grid inverters are usually equipped with battery energy storage systems, which store excess power so that they can continue to supply power when the solar panels cannot generate enough power.

Differences from On-Grid Inverter:
Connection method: Off-grid inverter is an inverter used in the off-grid system and does not need to be connected to the grid. They are often used in places where there is no access to the grid, such as remote areas, wild camping, or outlying islands.

Grid requirements: Unlike on-grid inverters, off-grid inverters do not need to meet grid requirements and standards because they are not connected to the grid. They can operate independently and can be adapted to different off-grid environments.

Self-sufficiency: The off-grid inverter is equipped with a battery energy storage system, which can store excess electricity so that it can continue to supply electricity when the solar panels are unable to generate electricity. This makes the off-grid system self-sufficient and not dependent on an external grid for power.

Application scenarios: Off-grid inverters are widely used in remote areas, camping, ships, mobile vehicles, and some special-purpose scenarios. On the other hand, grid-connected inverters are mainly used in home, commercial, and industrial photovoltaic power generation systems connected to the grid.

In general, the main function of the off-grid inverter is to convert the direct current generated by the solar panels into alternating current to meet the power demand in the off-grid environment and achieve self-sufficiency by being equipped with a battery energy storage system. In contrast, on-grid inverters connected to the grid are mainly used to integrate solar power into the grid, realize the interaction between solar power and the grid, and comply with the requirements and standards of the grid.


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