Search results
Results from the Tech24 Deals Content Network
The Snapchat maker’s stock dropped by over 30% in after-hours trading as investors reacted to Snap’s underwhelming revenue figures, tepid user growth and weak first-quarter guidance.
Next week, Snap is hosting its annual Snap Partner Summit, and according to CEO Evan Spiegel, the company is planning to announce some new products and services at the event. Snap finally did it ...
Snapchat’s parent company brought in $1.07 billion during Q2 — up from last quarter but a year-over-year dip. Snap saw its first revenue decline as a public company in Q1, marking a 7% drop in ...
It’s also the most popular social network among teens, with 35% using Snapchat compared to 30% using TikTok and 22% using Instagram as of October 2021, according to Statista. Snapchat saw a 20% ...
UPDATED: Snap posted the highest daily active user growth rate for Snapchat since 2017 and significantly topped Wall Street revenue expectations for the third quarter of 2020. On the stellar ...
Snapchat grew to more than 400 million users, Snap announced in its third-quarter earnings report. The app added nine million new users in the last quarter, bringing its total daily active users ...
Snapchat says that users are sharing about 20 million images a day, or about 231 per second. For comparison, when Instagram had 10 million users it processed 25 photos a second. [15] 2012: October 29: Product: Snapchat launches an Android app. [15] [16] 2012: December 12: Funding: Snapchat is reported to be raising north of $10 million at a $70 ...
Beyond e-commerce, Snapchat has sought out strategic partnerships with entertainment companies like HBO Max and Universal Music Group and doubled down on its Spectacles, glasses that create AR ...