{"id":238071,"date":"2021-04-23T16:10:30","date_gmt":"2021-04-23T16:10:30","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=315549"},"modified":"2021-04-23T16:10:30","modified_gmt":"2021-04-23T16:10:30","slug":"spiegel-bullish-on-snap-rise-as-lockdowns-lift","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/04\/23\/spiegel-bullish-on-snap-rise-as-lockdowns-lift\/","title":{"rendered":"Spiegel bullish on Snap rise as lockdowns lift"},"content":{"rendered":"

<\/p>\n

\tSnap CEO Evan Spiegel (pictured) expressed confidence the easing of global Covid-19 (coronavirus)-related lockdown measures will boost user engagement on messaging platform Snapchat as the company revealed Q1 figures.<\/p>\n

In a statement, Spiegel explained his optimism was founded on a recent increase in the number of Stories being posted to Snapchat, along with use of the app’s mapping functionality following the reopening of facilities in the US.<\/p>\n

The company also noted an increase in new connections made within the app, as people appeared to have expanded their social circles.<\/p>\n

\u201cWe designed Snapchat to be a useful complement to real-life friendships, and are excited about these optimistic trends developing with our audience\u201d, Spiegel said.<\/p>\n

Figures
\nSnap recorded a 66 per cent year-on-year rise in revenue to $770 million in Q1, with a net loss of $287 million some 6 per cent lower.<\/p>\n

Daily active users increased 22 per cent to 280 million, mainly due to uptake outside North America.<\/p>\n

The company predicted Q2 revenue would be between $820 million and $840 million, 80 per cent to 85 per cent higher than the same period in 2020.<\/p>\n

But it again cautioned an upcoming change to privacy features in iOS [1] posed a risk to future advertising income.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/apps-home-banner\/snap-joins-chorus-of-ios-critics<\/p>\n\n

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Snap CEO Evan Spiegel (pictured) expressed confidence the easing of global Covid-19 (coronavirus)-related lockdown measures …<\/p>\n

The post Spiegel bullish on Snap rise as lockdowns lift<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":211,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Spiegel bullish on Snap rise as lockdowns lift - ITTeacherITFreelance.hk","description":"Snap CEO Evan Spiegel (pictured) expressed confidence the easing of global Covid-19 (coronavirus)-related lockdown measures ... The post Spiegel bullish on Snap"},"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/238071"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/211"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=238071"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/238071\/revisions"}],"predecessor-version":[{"id":238072,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/238071\/revisions\/238072"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=238071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=238071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=238071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}