Snap Shocks Analysts With Soaring 52% Gain In Ad Revenues
- by Wayne Friedman , October 21, 2020
Snap, the popular social media app for photos and videos, witnessed sharply higher advertising revenues -- soaring 52% to $678.7 million in the third quarter -- surprising many analysts.
“Snap, as the most efficient advertising vehicle for marketers looking to target 13-to-34-year-olds, is starting to see major brands embrace the …
