Snapchat is nearing 1 billion monthly users. Why can't it turn a profit?
NegativeTechnology
- Snapchat is experiencing significant user growth, nearing 1 billion monthly users, largely driven by its popularity in India and Pakistan. However, despite this increase in users, the company continues to face financial challenges, leading to a decline in investor confidence.
- This situation raises concerns about Snapchat's business model and profitability, as the inability to convert a growing user base into profit could hinder its long-term sustainability and competitiveness in the technology market.
— via World Pulse Now AI Editorial System


