Snapchat is a multimedia messaging application used globally, very commonly used application in today’s world. Not only I’m going to disclose today about 5 Best Snapchat Stock Market Advantages but also I’ll try my more best to provide you with all the information about this topic
It is supportable by Android and iOS. You can snap a picture, video, message, voice call and video call, anyone, you want. It was created by Evan Spiegal, Bobby Murphy and Reggie Brown, former students of Stanford University.
Snapchat is developed by Snap Inc. Snapchat was introduced and released in July 2011.
Snapchat has been doing a brilliant work now in monetizing their application, because of this surprisingly great work done by Snapchat, projects are calling in for revenues from 750 million to 1.5 billion range next year.
A huge success for Snapchat as there were no revenues back in 2014 for Snapchat. In 2015 and 2016, Snapchat starting increasing revenue growth from less than $500 to than $3,000 in high range.
Snapchat has lined up to be the next cult stock and will probably benefit for the short term because of it.
It is all fun and games currently Snapchat, but there is still a long road to go ahead. Most of Snapchat’s users are younger.