Snapchat users spend 25 to 30 minutes on the app during an average day
posted by Alan F. / Mar 27, 2016, 10:14 PM
Snapchat feels that it can steal advertisers away from the television networks. One stat that proves that this is a possibility reveals that Snapchat reaches 41% of all 18 to 34-year olds in the U.S. Consider that the top 15 television networks in the U.S. reach only 6% of the same demographic. Last month, Snapchat signed a contract with Nielsen for the latter to track the reach of the messaging app's ads.
The most recent valuation of Snapchat is $10 billion. The app showed unbelievable growth in valuation from $800 million in June 2013 to more than $4 billion just months later. In November 2013 Snapchat reportedly turned down offers for the company of $3 billion by Facebook and $4 billion by Google
source: BusinessInsiders via PCMag
Posts: 2694; Member since: Nov 09, 2015
Sure, Snapchat feels that it can steal advertisers away from the television networks, There's a little something in their away... A certain pebble in their shoe: Adblock!!! I hate ads in apps. They're hardly relevant, put an unnecessary strain on your data plan and phone resources are are just annoying, specially pop up ones... IF I'M CHEAP DOESN'T MEAN I LIKE TO FEEL CHEAP... Hence, I often download app torrents! Naughty Old man, I know! But every single penny of my pension is precious to me, one of the many perks of being an old, useless man...
posted on Mar 27, 2016, 11:39 PM 0
Posts: 902; Member since: May 08, 2013
I guess I'm not an average user with my daily five minutes of Snapchat.
posted on Mar 28, 2016, 1:56 AM 0
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