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Nawal

Stealth • 2m

Snapchat is loss making Company 🔥 Snap Inc.'s story is an interesting one. Despite pulling in $4.6 billion in 2023 revenue, mostly from ads, the company is still facing major losses—$1.4 billion, to be exact. They’re spending big on R&D ($1.9 billion) and marketing ($1.1 billion), aiming for growth, but their US user base has stagnated. Their promise to become "the next Facebook" feels distant now, and the challenge of balancing growth with profitability is clear. It’s a reminder to stay flexible and focused on sustainable strategies in business.

17 replies41 likes

Replies (17)

PRATHAM
•

Medial • 2m

RnD was probably of making AI and filters

0 replies

Dhruv Raghav

Stealth • 2m

hey, Can you tell me what kind R&D they are doing with such a hefty amount of money

0 replies

Haran Naresh K

Stealth • 2m

Snapchat is not that much great app or a service.

0 replies

Anonymous 4

Stealth • 2m

Lens banane mei 8000+ crores..😂🤘🏽

3 replies4 likes

Anonymous 3

Stealth • 2m

In India, Snapchat is still more of a fringe app. Only a small percentage of people use it regularly. They're not breaking through like Instagram did. If they want to grow, they need to think global, but they’re too stuck on the US market.

0 replies2 likes

Havish Gupta

Stealth • 2m

$1.9 in R&D! What do they research on?

2 replies1 like

Anonymous 2

Stealth • 2m

Marketing expenses of $1.1 billion? Damn, that’s insane. Maybe they need to understand that no amount of ads can compensate for a lack of compelling features.

1 replies3 likes

Anonymous 1

Stealth • 2m

Man, $1.4 billion in losses? Snapchat is literally throwing money at R&D like it’s some kind of magic spell that’ll make users come back. Honestly, their big bet on growth over profit looks more like desperation now. At some point, you've got to focus on cash flow, not just flashy features.

1 replies1 like

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