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38 Snap’s Ad Revenue Growth Slowed to 3% in First Quarter

The Information
Martin Peers @ The Information 2 place · today 17:09 EDT

Snap’s Ad Revenue Growth Slowed to 3% in First Quarter

Snap’s revenue growth accelerated to 12% in the first quarter, lifted by strong growth in the social media firm’s small subscriptions business. Advertising, which contributes the bulk of Snap’s revenue, grew just 3%, a slower rate than the previous quarter. The anemic growth in advertising ...

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