Snap’s Revenues Exceed Expectations in Q1, but Advertiser Attraction Remains Challenging
FALCON POWERS – Snap Inc., the company behind the Snapchat application, reported higher-than-expected revenues in the first quarter of the year, reaching around $1.2 billion, a 21% increase year-over-year. However, the social media network for teenagers is facing difficulties in attracting advertisers. In a statement released on Thursday regarding its......