850M Users, $0 Profits - The Silent Death Of Snapchat | Logically Answered

850M Users, $0 ProfitsThe Silent Death Of Snapchat Start browsing securely from anywhere! Check out Proton Pass for a safer, faster, and more open internet using my link → http://proton.me/pass/logicallyanswered

Snapchat is one of the largest social media platforms in the world, with 450 million daily active users and 850 million monthly active users. But, despite their extraordinary scale, the company is not very profitable. In fact, they’ve only had 2 profitable quarters in their entire history, and these were pretty underwhelming profits as well, coming in at $23 million and $9 million, respectively. For context, Meta profited $62 billion in t...