For the first time in its 11-year corporate history, the company behind Snapchat had a quarterly profit. Snap’s quarterly revenue, meanwhile, grew 42% year over year to $1.3 billion. Meta CEO Mark Zuckerberg pointed to the Chinese-owned app TikTok as its main competition. Read More...
For the first time in its 11-year corporate history, the company behind Snapchat had a quarterly profit. Snap’s quarterly revenue, meanwhile, grew 42% year over year to $1.3 billion. Meta CEO Mark Zuckerberg pointed to the Chinese-owned app TikTok as its main competition.
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