Monday, September 16, 2024

Snapchat+ is Growing in Revenue After Seeing Some Decline for Few Months

When Snapchat+ got released, everyone thought that it isn't going to work out and will not grow as other apps. The App Intelligence by App Figures show that Snapchat+ surpassed half a billion dollars in the last month. This means a lot of beta testers have used the app and it is doing good.

Snapchat+ saw good opening months but then its growth declined soon. The reason why Snapchat+ is rising again is because Snapchat has added some good features which are being liked by people. Some of these features include priority replies and story boosts. Both of the features are being used by many people because nowadays people do not only need followers on social media, they need views too.

Estimates show that Snapchat+ has earned $581 millions in revenue since its release. The revenue of Snapchat+ grew 9% in August and users spent more than $49 million on the app. By March 2025, Snapchat+ is expected to hit $1 billion in revenue. Snapchat+ is earning the biggest revenue in the USA, followed by UK, France, Saudi Arabia and Canada.


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by Arooj Ahmed via Digital Information World

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