Don’t look now, but retailers and commerce are getting more visual with reality. Recently, Verizon announced that it’s partnering with Snap Inc., the company that owns popular social media video platform Snapchat, to provide 5G content for users, including enhanced augmented reality (AR) experiences. The initiatives will...
Snap’s first-quarter sales fell short of analysts’ projections after its redesign, as shares fell as much as 19 percent in late trading. According to Bloomberg, daily active users on the Snapchat mobile app numbered 191 million in the period, missing the 194.3 million average analyst...
There’s no question about it — today’s retail landscape is undergoing a digital revolution. With the online world enabling individuals to more easily start their own businesses, we’ve seen the likes of Etsy, Warby Parker and Dollar Shave Club come onto the retail scene. These products...
Fame is a fickle friend, and it seems that Snapchat may have reached the end of its run, if investor confidence is any measuring stick. Parent company Snap, Inc. saw shares dip back down to an IPO price of $17.00 after a brief surge to $29.44...
June 20, 2017
There’s no question about it — today’s retail landscape is undergoing a digital revolution. With the online world enabling individuals to more easily start their own businesses, we’ve seen the likes of Etsy, Warby Parker and Dollar Shave Club come onto the retail scene. These products and services have effectively removed the middle man and enabled […]
May 12, 2017
May flowers did not appear for retail earnings, unless you consider a bouquet of stinkweed a blanket of blossoms. Simply put, the numbers were dismal, the stock prices sinking like,...
May 02, 2018
Snap’s first-quarter sales fell short of analysts’ projections after its redesign, as shares fell as much as 19 percent in late trading. According to Bloomberg, daily active users on the Snapchat mobile app numbered 191 million in the period, missing the 194.3 million average analyst estimate. Revenue was $230.7 million, below predictions for $244.9 million. […]
June 06, 2017
Snap’s first quarter may have been something of a rough ride with the $2.2 billion loss — but that doesn’t seem to be slowing down the firm’s social commerce ambitions....
April 18, 2017
Snap Inc.’s Evan Spiegel is facing backlash on social media after a lawsuit against the company alleged that the CEO did not want to expand into “poor countries” like India. According...
February 17, 2017
Sources are reporting that Snap Inc. — Snapchat’s parent company — has set a valuation for itself between $19.5 billion and $22.2 billion, as the message app company gets closer to its IPO....
