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 bill
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Anonymous 3
Stealth • 1d
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.
