Meituan-Dianping , or China Internet Plus , was founded in Beijing in 2003 . Dianping is currently the leasing Online to Offline ( O2O ) platform in China and provides such services for urban areas . Under CEO Wang Xing , the company is now worth as much as $ 15bn . It was the first website in the world to provide independent consumer reviews on local services , but has since expanded its offering greatly . It now offers online platforms for merchant information , customer reviews , group buying , online restaurant reservation , takeout service , e-coupons and much more . The platform has around 200mn registered users of which 75mn are active monthly users . There are 28mn reviews and counting featuring over 6mn local businesses . Around 2,300 cities across China are covered by Meituan-Dianping .

Snapchat started in 2011 in California . It is now operating under the holding company Snap , which includes the app service Snapchat and “ spectacles ”, glasses which can take photos and synch with the app . Under CEO Evan Spiegel , the company is now worth $ 16bn . The app was originally created by Spiegel along with Bobby Murphy and Reggie Brow , and is a mobile platform for instant messaging and multimedia sharing . Its USP is the fact that photos , videos and messages shared via the app can only be viewed for a limited amount of time . The app reportedly has 178mn daily active users .

44 January 2018