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Software and technology

Snapchat struggles to keep users despite revenue growth

October 29, 2018

A surprise ecommerce partnership with Nike could signal a new direction for Snapchat. Image credit: Snap

 

By Sarah Ramirez

Social media platform Snapchat saw a decline in daily active users for the second straight quarter, although sales grew 43 percent to $298 million.

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  1. Luxury automakers reveal new concepts, activations at Art Basel Miami
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  3. CFDA bans fur from New York Fashion Week
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  5. Versace announces exit of Dario Vitale as creative director
  6. Guerlain Spa to launch aboard Orient Express Sailing Yacht
  7. RH opens Detroit showroom
  8. The Macallan hosts exclusive residency at Rosewood Baha Mar
  9. Estée Lauder Cos., Jo Malone launch AI scent advisor
  10. Chanel spotlights cinema connections alongside actor/ambassador Kristen Stewart
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