Browsing: Snap

Snap’s flagship platform has lost some lustre, at least according to one social media “influencer” in the Kardashian-Jenner clan. Shares of the Snapchat parent company sank 6.1% on Thursday, wiping out $1.3bn in

Slow clap for Snapchat, which managed not to fall on its face during a quarterly earnings report for the first time in its history. Parent company Snap reported this week that its advertising revenue increased more than Wall Street

China’s Tencent Holdings, in which JSE-listed Naspers owns a one-third stake, has bought 145.8m non-voting shares Snap, saying it plans to work closely with the social media company. In an SEC filing on Wednesday, the Snapchat