Latest news with #SnapchatPlus
Yahoo
3 days ago
- Business
- Yahoo
Snap records slowest revenue growth in over a year amid tough competition for ads
(Reuters) -Snap on Tuesday reported second-quarter revenue growth that was the slowest in more than a year, a sign of growing competition from bigger social media rivals including Meta. Shares of the Snapchat parent slumped 15% after the bell following the results. The company's results came after stellar performances by rivals, including Instagram and Facebook parent Meta Platforms and Reddit. The Snapchat-parent's second-quarter revenue rose 8.1% to $1.34 billion, largely inline with estimates. The quarterly revenue was hit by changes to its ad platform, the timing of Ramadan and the termination of de minimis exemption or a duty-free import loophole in the U.S. The company said it had reverted the ad platform change that unintentionally allowed some ads run at much lower prices, hurting revenue growth in the reported quarter. Snap said its expanded roll-out of the new ad format — Sponsored Snaps, video ads that appear in user inboxes — across the U.S. and several other global regions is helping by driving more user actions and deeper engagement with ad content. Small and medium-sized businesses were the largest contributors to ad revenue growth and its subscription service Snapchat+ remained a key driver for diversifying revenue beyond advertising. Snapchat+ subscribers rose 42% to nearly 16 million for the quarter ended June 30. Daily active users rose 9% to 469 million, compared with estimates of 467.9 million. The company forecast third-quarter revenue between $1.48 billion and $1.51 billion, compared with analysts' average estimate of $1.48 billion, according to data compiled by LSEG. It expects quarterly adjusted earnings before interest, taxes, depreciation, and amortization to be between $110 million and $135 million, above estimates of $111.9 million. For the second quarter, the company's net loss widened to $263 million from $249 million a year ago. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Snap records slowest revenue growth in over a year amid tough competition for ads
(Reuters) -Snap on Tuesday reported second-quarter revenue growth that was the slowest in more than a year, a sign of growing competition from bigger social media rivals including Meta. Shares of the Snapchat parent slumped 15% after the bell following the results. The company's results came after stellar performances by rivals, including Instagram and Facebook parent Meta Platforms and Reddit. The Snapchat-parent's second-quarter revenue rose 8.1% to $1.34 billion, largely inline with estimates. The quarterly revenue was hit by changes to its ad platform, the timing of Ramadan and the termination of de minimis exemption or a duty-free import loophole in the U.S. The company said it had reverted the ad platform change that unintentionally allowed some ads run at much lower prices, hurting revenue growth in the reported quarter. Snap said its expanded roll-out of the new ad format — Sponsored Snaps, video ads that appear in user inboxes — across the U.S. and several other global regions is helping by driving more user actions and deeper engagement with ad content. Small and medium-sized businesses were the largest contributors to ad revenue growth and its subscription service Snapchat+ remained a key driver for diversifying revenue beyond advertising. Snapchat+ subscribers rose 42% to nearly 16 million for the quarter ended June 30. Daily active users rose 9% to 469 million, compared with estimates of 467.9 million. The company forecast third-quarter revenue between $1.48 billion and $1.51 billion, compared with analysts' average estimate of $1.48 billion, according to data compiled by LSEG. It expects quarterly adjusted earnings before interest, taxes, depreciation, and amortization to be between $110 million and $135 million, above estimates of $111.9 million. For the second quarter, the company's net loss widened to $263 million from $249 million a year ago. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNA
3 days ago
- Business
- CNA
Snap records slowest revenue growth in over a year amid tough competition for ads
Snap on Tuesday reported second-quarter revenue growth that was the slowest in more than a year, a sign of growing competition from bigger social media rivals including Meta. Shares of the Snapchat parent slumped 15 per cent after the bell following the results. The company's results came after stellar performances by rivals, including Instagram and Facebook parent Meta Platforms and Reddit. The Snapchat-parent's second-quarter revenue rose 8.1 per cent to $1.34 billion, largely inline with estimates. The quarterly revenue was hit by changes to its ad platform, the timing of Ramadan and the termination of de minimis exemption or a duty-free import loophole in the U.S. The company said it had reverted the ad platform change that unintentionally allowed some ads run at much lower prices, hurting revenue growth in the reported quarter. Snap said its expanded roll-out of the new ad format — Sponsored Snaps, video ads that appear in user inboxes — across the U.S. and several other global regions is helping by driving more user actions and deeper engagement with ad content. Small and medium-sized businesses were the largest contributors to ad revenue growth and its subscription service Snapchat+ remained a key driver for diversifying revenue beyond advertising. Snapchat+ subscribers rose 42 per cent to nearly 16 million for the quarter ended June 30. Daily active users rose 9 per cent to 469 million, compared with estimates of 467.9 million. The company forecast third-quarter revenue between $1.48 billion and $1.51 billion, compared with analysts' average estimate of $1.48 billion, according to data compiled by LSEG. It expects quarterly adjusted earnings before interest, taxes, depreciation, and amortization to be between $110 million and $135 million, above estimates of $111.9 million.
Android Authority
22-07-2025
- Android Authority
Snapchat could soon offer free Snapchat Plus if you invite your friends (APK teardown)
Edgar Cervantes / Android Authority TL;DR Snapchat is working on a referral program that grants users a free month of Snapchat Plus if they get three friends to sign up for the service. Snapchat is also looking to integrate the recently acquired Saturn app, allowing students to link calendars and communicate more easily. Snapchat is credited for popularizing the trend of disappearing photos and videos, aka Snaps, as well as temporary broadcasts in the form of Stories. The app remains popular amongst Gen Z and Gen Alpha, but as with all social networks, it could always benefit from more people joining and using the service. Snapchat could be working on a new incentive program for onboarding more users, gifting a month of Snapchat Plus to users who refer their friends to join the service. Authority Insights story on Android Authority. Discover You're reading anstory on Android Authority. Discover Authority Insights for more exclusive reports, app teardowns, leaks, and in-depth tech coverage you won't find anywhere else. An APK teardown helps predict features that may arrive on a service in the future based on work-in-progress code. However, it is possible that such predicted features may not make it to a public release. Snapchat Plus referral program Snapchat for Android v13.51.0.53 beta includes code that suggests Snapchat will start offering a month of Snapchat Plus subscription to users when they get three of their friends to sign up for the service. Here are the strings: Code Copy Text Invite 3 friends, you will get a month of Snapchat+ for free. Share Invite Bring your new friends to Snapchat All 3 friends must sign up Unlock 40+ exclusive features Invite 3 New Friends 1 Month of Snapchat+ As you can see, the strings are pretty straightforward: To receive a month of Snapchat Plus subscription, you will need to invite three new users and get them to sign up for the service. It's not immediately clear if users will be able to stack multiple months of subscription if they invite more than three people to the service. Snapchat Plus adds a whole bunch of features like a custom app icon, themes, chat colors, sounds, story expiration, extended best friends list, story view notifications, streak restore, and more. Snapchat Plus costs $3.99 per month for the monthly plan, and $29.99 per year for the annual plan. There's also a Platinum Monthly Plan that cleans up the UX by removing Sponsored Snaps, Story ads, and Lens ads, but it costs $15.99 per month, and doesn't appear to be within the scope of this incentive campaign, so don't get your hopes too high. Snapchat x Saturn integration Beyond these Snapchat Plus benefits, we've also spotted some clues on how Snapchat would integrate the Saturn app, a calendar app for high school and college students, that it acquired last month: Code Copy Text Link your Saturn and Snapchat accounts! Linking lets Saturn and Snapchat share your account and activity data (like profile info, friends, calendar, and more) for a streamlined and personalized experience across both apps. Integrated features include sharing your calendar and status and connecting with and messaging friends. By tapping Continue, you agree to link your Saturn and Snapchat accounts, and understand that personal data shared between apps will be governed under Snapchat's and Saturn's respective privacy policies. You can always unlink your accounts in your app settings on Saturn or Snapchat. Users will soon be able to link their Saturn and Snapchat accounts together in the Snapchat app. Linking with Saturn will open up integrated features like sharing your calendar and status, as well as connecting and messaging your Saturn friends. If you change your mind, you will be able to unlink your Saturn and Snapchat accounts too. Both of these features haven't yet rolled out to users. We'll keep you updated when we learn more. Got a tip? Talk to us! Email our staff at Email our staff at news@ . You can stay anonymous or get credit for the info, it's your choice.
Time Business News
24-06-2025
- Entertainment
- Time Business News
Snapchat Planets Order Explained (Easy Guide for Everyone!)
Snapchat is a fun app where people share pictures and messages. One cool feature it has is called Snapchat Plus, which comes with extra options like seeing your 'Friend Solar System.' This is where Snapchat Planets come in. It's a creative way Snapchat shows how close you are with your best friends. If you've heard of Snapchat Planets but are confused about what they mean or how they work, don't worry. This article will explain everything in simple words and easy steps. Let's dive in! Key Takeaways (Short Summary): Snapchat Planets show your top 8 friends based on how much you interact with them. Each planet represents a friend, and the closer the planet is to the sun (you), the closer that friend is to you. Snapchat Plus subscribers can see this feature. The planets follow a similar order to our real solar system. Emojis help identify which planet (or friend rank) someone is. Snapchat Planets are part of the Friend Solar System, a feature only available to Snapchat Plus users. It shows your top 8 friends in a visual, fun way using planets like in our solar system. You are the sun in the center, and your closest friends are shown as planets orbiting around you. Each friend is represented by a planet based on how often you snap, chat, and interact with them. So, if someone is the Mercury in your system, they are your #1 best friend. Here is the order of the planets Snapchat uses, from the closest to the farthest from you (the sun): Planet Friend Rank Emoji Icon Meaning Mercury #1 🪐 (Blue + red hearts) Your best friend with the most interaction Venus #2 🪐 (Beige + yellow hearts) Second closest friend Earth #3 🪐 (Earth + moon + stars) Third closest, solid connection Mars #4 🪐 (Red with stars) Fourth closest, regular interaction Jupiter #5 🪐 (Orange + rings) Fifth best friend, good chats and snaps Saturn #6 🪐 (Yellow with rings) Sixth place friend Uranus #7 🪐 (Greenish-blue) Friend you still connect with, less often Neptune #8 🪐 (Blue) Last in top 8, but still a part of your circle Important Note: These planets don't show up next to your friends' names in the main chat. You only see the Friend Solar System by tapping their Bitmoji in your profile if you have Snapchat Plus. Snapchat looks at your activity with each person. The more you do the following with someone, the higher they rank: Snapping them often Chatting frequently Viewing each other's stories Reactions and streaks Time spent in chat So even if someone was your #1 friend last week, that could change if you stop interacting as much. No. This feature is only available to Snapchat Plus users. Snapchat Plus is a paid version of the app that gives extra tools, and Friend Solar System is one of them. Snapchat Plus costs around $3.99 per month, though this may vary by region. Here's how to find your planet: Make sure you've subscribed to Snapchat Plus. Open Snapchat and tap on your friend's Bitmoji. If they're in your top 8, you'll see a planet icon with a solar system design. Tap the icon to see your planet and learn what it means. Each planet has its own design, colors, and little emojis (like hearts or sparkles) that help you know how close you are. Snapchat uses the real planet order to help make this feature fun and familiar: Real Solar System Order: Mercury Venus Earth Mars Jupiter Saturn Uranus Neptune Snapchat uses the same order but instead of distance from the sun, it shows distance based on how close your friendship is. Yes, they can change anytime! If you start talking more with another friend and slow down with someone else, the planets will shift. That means your #3 friend could become #1 if you start snapping them more. Snapchat updates these rankings dynamically, which means they're always watching your activity and adjusting the planets as needed. People love this feature because it's: Visual and fun Easy to understand A cool way to show friendships Private (only you can see your solar system) It makes chatting feel more personal and interactive! Only available with Snapchat Plus Based on friendship activity You are always the sun in your system in your system There are 8 planets (so 8 top friends) (so 8 top friends) Emojis and planets help you understand friend ranks 1. Can others see which planet I am in their system? No. Only you can see your own solar system. Others don't get notified or see which planet they are in your list. 2. What if I don't see any planets? You either haven't subscribed to Snapchat Plus, or that friend is not in your top 8. 3. How often do planet rankings update? They can change daily depending on how much you interact with your friends. 4. Is it possible to change my planets manually? No, Snapchat automatically sets your planet based on your interaction history. 5. Do these planets affect anything else in Snapchat? No, they're just for fun and don't affect chat features, scores, or streaks. Snapchat Planets is a creative way to show who your closest friends are on Snapchat. If you're someone who loves visual features and tracking friendship vibes, this is a cool tool but only if you use Snapchat Plus. It's not just about emojis and planets it's about seeing how your friendships grow and change over time. Whether you're Mercury or Neptune in someone's solar system, it's a fun way to celebrate your connections! TIME BUSINESS NEWS
