Feb 05

Snapchat’s Daily Users Increase in Q4, But So Does Snap Inc.’s Net Loss

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Snapchat continued to add daily active users during the fourth quarter of 2019, but parent company Snap Inc. was still in the red for the quarter, posting a net loss of $241 million. Snap reported $561 million in revenue for the quarter, up 44% year-over-year. However, the company’s net loss was $49 million higher than…

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