Snap Posts Sluggish Q3 2022 Amid Attempts to Diversify From Relying on Ads

For the first time since Snap Inc. went public in 2017, it posted quarterly year-over-year revenue growth in the single digits, as its third-quarter-2022 total of $ 1.13 billion was up just 6% versus the third quarter of 2021. The company said in its letter to investors Thursday, “Our business continued to face significant headwinds in…
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