- Jul 28, 2021
An Increase of 116% in Revenue Witnessed by Snapchat
Snapchat has witnessed a 116% increase in sales. During the past quarter, Snapchat saw around 13 million more daily users in the past quarter. The platform hit its highest-ever quarterly revenue in Q2 2021.
Snapchat saw a growth in both revenue and daily active users at the highest rates. It stated the introduction of innovations for advertisers on the platform, including Public Profiles for businesses and integration for Salesforce to help brands leverage first-party data.
The company is focusing on diverting its attention to Augmented Reality, wherein users will be able to make use of the AR technology.
Read more at bandt.com.au