Home › Snap plans app relaunch as growth slows, losses widen in Q3
 

Keywords :   


Snap plans app relaunch as growth slows, losses widen in Q3

2017-11-08 08:39:00| Telecompaper Headlines

(Telecompaper) Snap, the maker of the Snapchat app, saw its losses grow and revenue and user growth slow in the third quarter. The company reported a net loss of USD 443 million, more than triple the loss of USD 124 million a year ago. Revenues rose 62 percent to USD 208 million, after more than doubling year-on-year in the previous quarter.

Tags: plans growth losses app

Category:Telecommunications

Latest from this category

All news
»
28.06Martin Automatic celebrates successful return of drupa
28.06Pubco turns to HP for luxury packaging
28.06Rohit Aggarwal Joins Lenzing\'s Management Board and Named Designated CEO
28.06Fujitsu expert: I didn't think Horizon was a monster
28.06BCFs Coatings Ambassador Program Trains Its 50th Ambassador
28.06Cost of summer cookout reaches record high
28.06Heritage Environmental Services to Acquire EBV from General Dynamics
28.06Atlantic Tropical Weather Outlook
More »