Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

The Snapchat Clone App ‘Snow’ Lifts up $ 50 M from SoftBank and Sequoia China

Selfie app Snow

The New Achievement of Snow App

The Snow app was once in a rumor that Facebook attempted to buy it. Recently, the company announced its success of raising an investment of $50M from SoftBank and Sequoia China.

Snow determines to utilize this new fund to improve its facial recognition and augmented reality technologies. The App Store listing of Snow depicts that it is working on facial recognition with Chinese unicorn SenseTime. Further, the company is planning to establish a partnership and localize its service in China.

Snow was initiated by Naver which is a Korean agency known for a famous messaging app ‘Line’. The app had already been popular in Korea, Japan, China and other markets in Asia due to the focused localized stickers, filters and features.

A Snow representative stated that currently, the app has more than 200 million downloads on both Android and iOS. The company doesn’t reveal exact data for each market however it is assumed that China is its biggest market.

SEE ALSO:-  Now You Can Use WhatsApp For Business

It is assumed that Snow is no longer a Snapchat Clone, as it has considerably changed over the time.

The big update introduced in last week has removed Snow’s user-to-user communication features changing it to a dedicated selfie camera app. Devoid of chat function; Snow doubles down on stickers, filters, augmented reality (AR) and other selfie-related features in order to enable photos and other media to be exported to chat groups or social networks. Now, for instance, Snow app users can record a video with the music of artists like Charlie Puth.

Conclusion

The photo editing apps like Snapchat and Snow have been proving to be impactful and winning startup ideas.  Building one such kind of app would surely be an exceptional business thought, if considered.  So if you are in a search of powerful startup idea, this one is most applicable and guaranteed plan that you should go for.

Gear up to establish a next successful startup with an app like Snow. Get in touch with us.

The post The Snapchat Clone App ‘Snow’ Lifts up $ 50 M from SoftBank and Sequoia China appeared first on .



This post first appeared on How You Can Increase Your Revenue From Your Restaurant?, please read the originial post: here

Share the post

The Snapchat Clone App ‘Snow’ Lifts up $ 50 M from SoftBank and Sequoia China

×

Subscribe to How You Can Increase Your Revenue From Your Restaurant?

Get updates delivered right to your inbox!

Thank you for your subscription

×