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Page 8 - ஒடி வரைபடம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Where Will Snap Be in 5 Years? | The Motley Fool

When Snap (NYSE:SNAP) went public in early 2017, many critics claimed it would struggle to justify its high valuation, narrow its losses, and fend off For a long time, the critics seemed right. Snapchat s daily active user (DAU) growth stalled out in 2018 as Instagram cloned its features. It continued burning cash and its price-to-sales ratio remained high. Snap s stock slid below its IPO price of $17 in late 2017 and plunged to about $5 in 2018. It bounced back above its IPO price in early 2020, but the COVID-19 crash last March sent it back below $10. Image source: Getty Images. Yet that crash was actually a great buying opportunity, since Snap now trades at about $60. Let s see how Snap staged its incredible comeback and where its stock could be headed over the next five years.

Snapchat parent acquires mapping startup Pixel8earth – BizWest

LOUISVILLE Snap Inc. (NYSE: SNAP) acquired Louisville-based Pixel8earth Inc. at some point in the first quarter of the year, likely to bolster its mapping capabilities. The parent company of social-media app Snapchat first disclosed that it had made an acquisition of an unnamed company for $7.6 million in its quarterly report to the U.S. Securities and Exchange Commission last week. The news was reported by startup publication A Snap representative confirmed the acquisition to BizWest but declined to comment further. Pixel8earth was developing software that took submitted photographs and stitched them together into a crowdsourced 3D map of various areas.

Snapchat has more Android users than iOS

Geeky Gadgets 7:14 am Snapchat is still growing. Mostly thanks to an improved Android app and interest in its Spotlight feature. In fact, the app added 15 million new users during the first quarter of 2021, which brings the app’s average daily users to 280 million. The company reported the news in its first-quarter results for 2021. This quarter is the first time Snapchat has had more users on Android than on iOS. Even though the company didn’t share the exact breakdown between platforms, CEO Evan Spiegel called it a “critical milestone”. The company has channeled a lot of resources into improving the once buggy Android app.

Snap has acquired Pixel8earth, a 3D mapping developer, for $7 6M – TechCrunch

Snap has acquired Pixel8earth, a 3D mapping developer, for $7 6M – TechCrunch
techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.

Last Coronavirus: Canada has banned flights from India and Pakistan in the face of variants

Last Coronavirus: Canada has banned flights from India and Pakistan in the face of variants Snap CEO Evan Spiegel said facilitating coronavirus blockages would increase engagement on his platform as users increasingly coordinate socialization as the company publishes better first-quarter results. Sales of Snap, the parent of the Snapchat messaging app, rose 66 percent year-on-year to $ 770 million in the first quarter of last year, beating analysts ’expectations of $ 742 million, it said Thursday. Active users per day reached 280m, an increase of 22 percent. “We are optimistic about the engagement trends we are seeing as the world opens up,” Spiegel said, adding that when the U.S. eased restrictions in February, the company saw “turning points” as users posted a short video. ”Stories” about their lives and Snap Map using the function to share where they are and activities.

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