Snap Shocks Analysts With Soaring 52% Gain In Ad Revenues

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 …

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