Snap impresses with growth acceleration and 10 million new subscribers – number of active SME advertising clients doubles!
Reading Time: 4 minutes
Snap gains 10 million new daily active users in the last quarter. Revenue growth accelerates in Q4 to 14%, and the Snapchat+ subscription exceeds an annual revenue of 500 million USD. The number of small and medium-sized advertising clients has doubled in the last quarter. Sponsored Snaps and Promoted Places increase reach. The AR market is a 600 billion USD opportunity by 2030. The AR glasses Spectacles 5 are now available to developers in six additional countries besides the USA. The new Snap OS operating system improves performance....
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