Tag Archives: snapchat ipo

Snap’s revenue did not meet analysts’ expectations of $563 million which had a negative impact on SNAP stock price. However, the company managed to increase its daily active user base.Recently, Snapchat’s parent company Snap has published its Q4 2019 earnings. It has turned out the company has not lived up the revenue expectations of Wall Street analysts. As a result, Snap stock has dropped 11%.According to Snap, they have increased the fourth quarter revenue 44% year-over-year to $561...

Founded by Mark Zuckerberg and a few of his friends back in February 2004, Facebook has become the world’s largest social media platform and social networking service company. Today, the company has more than 2 billion active users and is also the second biggest platform for digital advertising only behind Google.Along with Amazon, Google and Apple, Facebook is regarded as one of the big four tech companies and has consistently maintained a monopoly in the social media space. However, even...