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How A Money-Losing Snap Could Be Worth So Much
Newspaper | The New York Times
Date | 3.3.2017
Language | English
Country | U.S.
Topic Tags | Snapchat, social media, youth
Summary | Snapchat is valued extremely highly on the market despite the fact that it is not making any profit yet. There are no concrete plans on how Snapchat wants to secure profit except that it has plenty of users - the vast majority of the American population aged 18-35. Finance experts disagree on Snapchat's worth. Most think it is not nearly worth its current market price but others see it as promoting a new mode of communication where users substitute language with images.
Image Description | Upside-down Snapchat logo with gold coins stacked on top.
Image Tags | logo, Snapchat
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