A single tweet by Kylie Jenner wipes out $1.3 billion of Snapchat's market value
Jenner has huge followings on various social media platforms, including Twitter and Instagram.
Feb 23, 2018, 11:38 AM IST
Snapchat plans to redesign its app to ease use
Chief Executive Evan Spiegel said the company was launching the redesign after hearing for years that Snapchat was difficult to understand or hard to use.
Nov 08, 2017, 08:33 AM IST
Snap Inc buys data firm 'Placed' for $135 million
`Placed,` which helps advertisers track real-world purchases and store visits, was acquired by Snap to enhance `advertising effectiveness`, the report added.
Aug 12, 2017, 14:09 PM IST
Google offered $30 billion to acquire Snap Inc in 2016: Report
Spiegel also values running Snap in Southern California and outside of Silicon Valley, where Alphabet - Google`s parent company is headquartered.
Aug 04, 2017, 12:28 PM IST
Snapchat could see slow user growth this quarter
As the shares of Snap Inc -- the parent company of Snapchat app -- dropped nearly four percent on Wednesday, analysts said the company`s daily active user growth might slow down in the second quarter this year.
Jun 08, 2017, 13:59 PM IST
Snap Inc acquires location analytics startup for $200 mn
Snapchat`s parent company Snap Inc has acquired Placed -- a Seattle-based start-up that operates a consumer location analytics platform -- for nearly $200 million.
Jun 06, 2017, 12:19 PM IST
High-profile Snap stakeholders revealed in filings
Some of the biggest US mutual and hedge funds, including Daniel Loeb`s Third Point and Daniel Och`s Och-Ziff Capital Management, owned stakes in Snap Inc, parent of the wildly popular Snapchat messaging app.
May 13, 2017, 09:34 AM IST
Snapchat reports mere 166 mn daily users, growth nosedives
It wasn`t the day Snap Inc -- the parent company of Snapchat -- had planned. In its first quarterly earning report after going public in March, the company saw growth slipping to its lowest in the past two years, reporting 166 million users at a growth rate of a mere 5 percent.
May 12, 2017, 09:05 AM IST
Snapchat planning $25 bn IPO
Snap Inc -- the parent company of popular photo-sharing messaging service Snapchat -- is considering an initial public offering (IPO) that can value the company at $25 billion or more.
Oct 07, 2016, 11:02 AM IST
