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Software and technology

Snapchat struggles to keep users despite revenue growth

October 29, 2018

A surprise ecommerce partnership with Nike could signal a new direction for Snapchat. Image credit: Snap

 

By Sarah Ramirez

Social media platform Snapchat saw a decline in daily active users for the second straight quarter, although sales grew 43 percent to $298 million.

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  1. BMW sets record with funds raised for education at playoff event
  2. Estée Lauder Cos. establishes new fragrance innovation hub in Paris
  3. Montblanc cuts ribbon on concept flagship boutique in Chengdu
  4. All-new 2024 Lexus GX SUV stars in annual holiday campaign
  5. BMW models top luxury auto shopper poll, Tesla slides
  6. Luxury Unfiltered: The self-inflicted luxury crisis
  7. Mergers and growth and consolidation, oh my!: Courts disallow Tapestry-Capri deal
  8. Vera Wang sells IP to brand management firm WHP Global
  9. Meta drops price on paid subscription tier in EU
  10. MGallery Collection wins Grand Prize for luxury tourism
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