SAN FRANCISCO: Snapchat parent Snap came under selling pressure Oct 25 after a quarterly report showing a loss of one million users even as it grew revenues and narrowed losses.
The California group which operates the smartphone app popular with youth said revenue rose 43% from a year ago to US$298mil (RM1.24bil) in the third quarter, as it narrowed losses to US$118mil (RM492.94mil) from US$325mil (RM1.35bil).
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