Saturday, 20 July 2024



LATEST NEWS Significant step towards Waste Management in Haryana: Two Waste-to-Charcoal Plants to be set up in the State State-Level ceremony held to celebrate Maharaja Daksha Prajapati Jayanti in Hisar Para cricketer Aamir Hussain Lone meets Governor at Raj Bhavan DLSA plants saplings in jail complex "Punjab government fully prepared to deal with floods - Kuldeep Singh Dhaliwal S.A.S Nagar Location of the Help Desk Changed from Sub Registrar Office Entry to SDM Office Ved Vihar Public School Educational Society donates over Rs. 1.5 Crore towards Mukhya Mantri Sukh Aashray Kosh Cricketer Hardik Pandya Net Worth, Bio, Career, Lifestyle, And Family 2024 | 5 Dariya News Brig. Saket Singh Call on Lt Governor Manoj Sinha Maushumi Chakravarty Call Lt Governor Manoj Sinha SANJY-2024: Nukkad Natak Show raises awareness about Safe Sanitation practices, Stop Diarrhea Campaign at Nunwan Basecamp Cong and allies systematically denigrating security forces : Devender Singh Rana DC Rajouri Om Prakash Bhagat reviews functioning of Social Welfare & ICDS Department Muharram-2024: DC Bandipora Shakeel-ul-Rehman Rather participates in Mourning Procession at Sumbal DC Srinagar Dr Bilal Mohi-Ud-Din Bhat chairs meeting on Swachta Green Leaf Rating DC Srinagar Dr. Bilal Mohi-Ud-Din Bhat chairs Annual General Body meeting of Zila Sanik Welfare Board Union Joint Secretary Rajender Kumar reviews Jal Shakti Abhiyan: Catch the Rain in Jammu Chief Secretary Atal Dulloo reviews progress J&K EPFO transition to Central EPFO DC Srinagar Dr Bilal Mohi-Ud-Din Bhat conducts extensive tour of City; inspects progress on various developmental projects Director Agriculture reviews Physical/ Financial achievements under HADP, CAPEX & CSS implementation DC Bandipora Shakeel-ul-Rehman Rather visits Ziyarat Sharief Hazrat Nanga Baji Sahib, Malangam


Snap sees $368 mn net loss as Snapchat reaches 406 mn daily active users

Social Media, Snapchat, Snapchat Updates, Snapchat Latest Update, Snapchat News, Snapchat Latest News, Snapchat Alogrithm, Snapchat User, Snap Users, Snap
Listen to this article

Web Admin

Web Admin

5 Dariya News

New Delhi , 25 Oct 2023

Snap, the parent company of Snapchat, posted a net loss of $368 million for the quarter ended September 30, which is slightly better than the year-ago period but the company is still growing through slow growth.

Jerry Hunter, who was named the chief operating officer just over a year ago, is retiring and not being replaced, the company said late on Tuesday.Snap reported a total revenue of nearly $1.2 billion, an increase of 5 per cent from the same period last year. 

The daily active users of Snapchat increased 12 per cent year-over-year to reach 406 million.“We are focused on improving our advertising platform to drive higher return on investment for our advertising partners, and we have evolved our go-to-market efforts to better serve our partners and drive customer success,” said Snap CEO Evan Spiegel.

COO Hunter joined Snap seven years ago and served an important role in building the company’s engineering and business structures. He will continue to support Snap through July 1, 2024 to help ensure the transition.

“I am deeply grateful to Jerry for the meaningful contributions he has made over his many years at Snap,” said Spiegel. “His work to improve our advertising platform, serve our community, and build a strong team has helped lay the foundation for our future growth.”

According to Snap, since launching ‘My AI’, our AI-powered chatbot, over 200 million people have sent over 20 billion messages.“We are seeing more creators posting content to Snapchat, with nearly three times more public Stories posted in the US compared to Q3 2022. We are focused on accelerating and diversifying our revenue growth,” said the company.

The company anticipates that Snapchat's daily active users will reach 410-412 million in the December quarter.


Tags: Social Media , Snapchat , Snapchat Updates , Snapchat Latest Update , Snapchat News , Snapchat Latest News , Snapchat Alogrithm , Snapchat User , Snap Users , Snap



related news




Photo Gallery



Video Gallery



5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2024 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD