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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
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