News
India’s ShareChat in talks with Google, Snap after Twitter buyout fails
India’s ShareChat has begun discussions with investors, including Snap and Google, to raise over $200mn after sale talks with Twitter fizzled Read more…
Snap
News
Tencent buys 12% of Snap, says Snapchat needs video games
SAN FRANCISCO/HONG KONG (Reuters) – Chinese internet giant Tencent Holdings said on Thursday it could help Snapchat owner Snap Inc publish video games and improve ad sales after acquiring a 12% stake in the US Read more…
Views
Snap learns a hard lesson the hard way that hardware is hard
Snap generated plenty of interest around its first hardware product, but the fact that more than 50% users wore the spectacles for just four weeks indicates that the device was nothing more than a passing Read more…
News
Snap issues first post-IPO earnings – Wall Street is very displeased with them
(Reuters) – Snap shares plunged on Wednesday after the owner of Snapchat reported slowing user growth and revenue in its first earnings report as a public company, missing some of Wall Street’s estimates as it Read more…
Views
BNP Paribas targets millennials with Snap partnership
BNP Paribas has entered a global partnership with Snap Inc in an effort to acquire more millennial employees and better understand how to interact with the millennial generation. Like many banks, BNP Paribas views millennials as Read more…
News
Revenue sharing to cut $30m off Snapchat’s 2017 ad revenue forecast
REUTERS – The 2017 advertising revenue forecast for Snap Inc’s Snapchat has been trimmed by $30 million due to higher than expected revenue sharing with its partners, digital marketing firm eMarketer said in its latest Read more…
News
Oh SNAP! The honeymoon is over as Snap shares slump 12%
SAN FRANCISCO (Reuters) – Shares of Snap slumped 12% on Monday and closed at their lowest level of the three sessions since the Snapchat owner’s soaring market debut last week. The $3.4-billion listing last Thursday Read more…
News
NBCUniversal sinks half a billion dollars into Snap IPO
(Reuters) – Comcast’s NBCUniversal has invested $500 million in Snapchat owner Snap Inc, according to a memo on Friday, its latest move aimed at driving digital growth as more viewers go online for their favorite Read more…
Features
Snap IPO is betting the farm on hardware and a long-term ROI
SAN FRANCISCO (Reuters) – Snap took to the road in London on Monday to promote its initial public offering with a daring proposition: that it can build hot-selling hardware gadgets and ad-friendly software features fast Read more…
Views
Oh Snap! Why the Snap IPO is the height of arrogance and a repeat of history
Did you know that Snap is a hardware company? Nor did we until we started seeing the analysis and reports about the company’s impending IPO. They have launched Snap Spectacles as a cooler version of Read more…