Snap posts 12% revenue growth despite concerns over advertising market persist

Snap, the company behind Snapchat, saw its revenue rise by 12% in the first quarter to $1.53 billion, mainly thanks to stable advertising income. The number of daily active users also grew again, to $483 million – an increase of $9 million compared with the previous quarter. Even so, the stock market reaction was negative: [&hellip The post Snap posts 12% revenue growth despite concerns over advertising market persist appeared first on TechCentral.ie.