Snap Grows Paid Subscriptions But Quarterly Losses Keep Up Amid “Significant Headwinds”

Snap Grows Paid Subscriptions But Quarterly Losses Keep Up Amid “Significant Headwinds”

Upworthy

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Snap Inc. brought in $1.3 billion revenue and reported net losses amounting to $288 million to close out 2022 as it prepares for a worsening economy impacting its business. “We continue to face significant headwinds as we look to accelerate revenue growth, and we are making progress driving…

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