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Wireless

Snap plans app relaunch as growth slows, losses widen in Q3

Wednesday 8 November 2017 | 08:39 CET | News
Snap, the maker of the Snapchat app, saw its losses grow and revenue and user growth slow in the third quarter. The company reported a net loss of USD 443 million, more than triple the loss of USD 124 million a year ago. Revenues rose 62 percent to USD 208 million, after more than doubling year-on-year in the previous quarter.

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Categories: Mobile & Wireless
Companies: Snap / Snapchat
Countries: World
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