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23 Feb 2018

A single tweet by Kylie Jenner wipes out $1.3 billion of Snapchat's wealth

Jenner has huge followings on various social media platforms, including Twitter and Instagram.

08 Nov 2017

Snapchat plans to redesign its app to ease use

Chief Executive Evan Spiegel said the company was launching the redesign after hearing for years that Snapchat was difficult to understand or hard to use.

12 Aug 2017

Snap Inc buys data firm 'Placed' for $135 million

`Placed,` which helps advertisers track real-world purchases and store visits, was acquired by Snap to enhance `advertising effectiveness`, the report added.

04 Aug 2017

Google offered $30 billion to acquire Snap Inc in 2016: Report

Spiegel also values running Snap in Southern California and outside of Silicon Valley, where Alphabet - Google`s parent company is headquartered.

08 Jun 2017

Snapchat could see slow user growth this quarter

As the shares of Snap Inc -- the parent company of Snapchat app -- dropped nearly four percent on Wednesday, analysts said the company`s daily active user growth might slow down in the second quarter this year.

06 Jun 2017

Snap Inc acquires location analytics startup for $200 mn

Snapchat`s parent company Snap Inc has acquired Placed -- a Seattle-based start-up that operates a consumer location analytics platform -- for nearly $200 million.

13 May 2017

High-profile Snap stakeholders revealed in filings

Some of the biggest US mutual and hedge funds, including Daniel Loeb`s Third Point and Daniel Och`s Och-Ziff Capital Management, owned stakes in Snap Inc, parent of the wildly popular Snapchat messaging app.

12 May 2017

Snapchat reports mere 166 mn daily users, growth nosedives

It wasn`t the day Snap Inc -- the parent company of Snapchat -- had planned. In its first quarterly earning report after going public in March, the company saw growth slipping to its lowest in the past two years, reporting 166 million users at a growth rate of a mere 5 percent.

07 Oct 2016

Snapchat planning $25 bn IPO

Snap Inc -- the parent company of popular photo-sharing messaging service Snapchat -- is considering an initial public offering (IPO) that can value the company at $25 billion or more.

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