Snapchat+ Hits $1 Billion Revenue Milestone With 25 Million Subscribers
Snap just crossed a landmark that most social media companies only dream about: its direct revenue business has reached a $1 billion annualized revenue run rate. The company made the announcement Wednesday, crediting the milestone largely to the explosive growth of its Snapchat+ subscription service, which has now surpassed 25 million subscribers worldwide. It’s a … Read more