• Home
  • About
  • Privacy Policy
  • Contact
Tech News, Magazine & Review WordPress Theme 2017
  • Home
  • News
    • E-Business
    • Security
    • Digital Culture
  • How To
  • Review
  • Device
    • Accessories
    • Laptops
    • Smartphone
    • Cameras
    • Review
    • Smartwatch
  • Apps
  • Games
  • Social Media
  • Electric Vehicles
No Result
View All Result
  • Home
  • News
    • E-Business
    • Security
    • Digital Culture
  • How To
  • Review
  • Device
    • Accessories
    • Laptops
    • Smartphone
    • Cameras
    • Review
    • Smartwatch
  • Apps
  • Games
  • Social Media
  • Electric Vehicles
No Result
View All Result
Teknowire
No Result
View All Result
Home News E-Business

Snapchat’s quarterly growth outperformed Meta & Twitter

Linda Jasmine by Linda Jasmine
April 22, 2022
Snapchat 600x375 - Snapchat's quarterly growth outperformed Meta & Twitter
Share on FacebookShare on Twitter

Snap released its first-quarter 2022 financial results showing faster growth than its US rivals Meta and Twitter. Meta reported its first loss to active user presence in the last quarter, while Twitter grew 15% globally.

Reporting from TechCrunch (22/4), Snap, Snapchat's parent company, experienced an 18% year-over-year growth in daily active users to 332 million. The company says the 250 million users who engage with AR features on a daily basis make up a sizeable share of its total 332 million daily users.

They also noted that previously they had lost revenue because many advertisers stopped their campaigns after the Russian invasion of Ukraine. Snap CFO Derek Andersen said most advertisers restarted campaigns within 10 days, but the disruption was still negatively impacting the company's quarterly revenue.

“We believe the impact of the war in Ukraine on input costs, marketing budgets and overall economic competence has been significant, and it is difficult to predict the impact on the foresight,” Andersen said on Snap's earnings call.

Snap also missed its revenue target in Q3 2021 due to Apple's major iOS privacy changes. After iOS users were given the option of opting out of tracking outside of the app, most users opted not to hand over more personal data to the apps they use, impacting Snapchat and Facebook's ad businesses.

g news - Snapchat's quarterly growth outperformed Meta & Twitter Follow Teknowire on Google News
Tags: appleappsfacebookMetaSnapSnapchattwitter
Linda Jasmine

Linda Jasmine

Studied in marketing. Linda has been covering the smartphone scene since 2010 with focus in iPhone and Android phone.

Subscribe.

Trending.

Garmin Fenix ​​7

Review Garmin Fenix 7X Sapphire Solar

miHoYo, creator of Genshin Impact opens head office in Singapore

miHoYo, creator of Genshin Impact opens head office in Singapore

July 24, 2022
Acer Swift 5 (SF514-56T) specifications

Everything you should know about Acer Swift 5 (SF514-56T)

February 24, 2022
Amazon will lay off 10000 employees this week 120x86 - Snapchat's quarterly growth outperformed Meta & Twitter

Amazon will lay off 10,000 employees this week

November 16, 2022
Lenovo Legion 2 Pro 120x86 - Snapchat's quarterly growth outperformed Meta & Twitter

Legion Y90, Lenovo Gaming Phone with Immersive Screen

December 27, 2021
Teknowire

Teknowire is a technology news portal. We cover consumer tech, digital lifestyle, innovation, scientific breakthroughs, the future, and meaningful analysis for readers.

Follow Us

Categories

  • Accessories
  • Apps
  • Cameras
  • Device
  • Digital Culture
  • E-Business
  • Electric Vehicles
  • Game
  • How To
  • Laptops
  • News
  • Review
  • Security
  • Smartphone
  • Smartwatch
  • Social Media
  • Tablets
  • UnCat

Tags

android apple Audio battery camera Chip chipset design display facebook Fast Charging game games Gaming google how to iphone laptop memory Meta microsoft Monitor Operating System OS price processor Qualcomm RAM samsung Screen security smartphone smartwatch snapdragon Snapdragon 8 social media Speaker spec specification storage Streaming tiktok twitter video Xiaomi

Recent News

macbooks m2 pro max graphics cpu performance 1 120x86 - Snapchat's quarterly growth outperformed Meta & Twitter

New MacBook Pro with M2 Pro and M2 Max Chips Offer Improved Graphics and CPU Performance

January 22, 2023
Keychrons Q1 Pro 120x86 - Snapchat's quarterly growth outperformed Meta & Twitter

Keychron’s Q1 Pro : Everything you should know

January 22, 2023
Twitter confirms vulnerability exposed data that affected millions of accounts

Twitter Introduces More Expensive Blue Subscription Tier for Ad-Free Browsing Experience

January 22, 2023
AltspaceVR 120x86 - Snapchat's quarterly growth outperformed Meta & Twitter

Microsoft to Close Social Virtual Reality Platform AltspaceVR, Focus on Mixed Reality Platform Mesh

January 22, 2023
  • Home
  • About
  • Privacy Policy
  • Contact

© 2022 Teknowire - Developed by Teknowire.

No Result
View All Result
  • Home
  • News
    • E-Business
    • Security
    • Digital Culture
  • How To
  • Review
  • Device
    • Accessories
    • Laptops
    • Smartphone
    • Cameras
    • Review
    • Smartwatch
  • Apps
  • Games
  • Social Media
  • Electric Vehicles

© 2022 Teknowire - Developed by Teknowire.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Hey Friend! Get the latest technology news straight into your inbox!

Don't worry, we don't spam

Close this popup