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Publication next week. It includes plans to nationalise parts of the Energy Industry shares in the company that owns flat chat plunge. And we going to link to some advice from one of singapore s most unusual entrepreneurs. It is a thursday, everyone. Good morning, asia and hello, world. What a crash shares in snap, Parent Company of snapchat have fallen over 20 in after hours trading on wall street. This pitfall comes after they reported losses of over 2 billion us in its first quarterly results. What happened after its redhot share sale in march . Earlier our correspondent told us how it went from being a Market Darling to being shunned by investors. In the latest earning reports snapchat has grown by Less Tha N Earning Reports Snapchat has grown by less than 5 which is not enough to keep anyone happy. Revenue has not been high enough and, like you said, they had a huge loss. So while that was big hope that they could provide competition to facebook in the future on this early evidenc
PresidentParent-companyLess-tha-n-earning-reports-snapchatNewsShare-pricesMessagingNorth-koreaNuclear-weapons-programmeBbc-comResultsNumberLatestWorld business report. Snapjudgement investors punish the firm behind snapchat. As the messaging apps results disappoint, its shares plunge 23 . Plus borderline anxiety. Businesses in Northern Ireland fear for the future on britains post brexit frontier. Welcome to World Business report. Im tanya beckett. Also coming up a strong year forjapanese tech giant softbank. But first we start with snap, the Company Behind the messaging app snapchat. In case you arent familiar with it, it lets you send photo messages which disappear after a few seconds, and it seems the confidence of investors has gone missing almost as fast. Snaps shares have plunged in after hours trading, on its first set of Financial Results since that huge Flotation Back in march. Lets show you the details. This is how much they lost in the first three months of the year 2. 21 billion. That is a massive jump on the losses this time last year. It is mostly because of huge stock option payouts to staff in the ipo. But here i
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