Snap stock pops after company announces plan to run ads in other apps

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Snap announced new ad offerings at its Snap Partner Summit on Thursday.

Snap stock popped to close up more than 1% on Thursday after the company announced its forthcoming launch of a Snap Audience Network, which will sell ads that appear in apps other than Snapchat.

Snap's descriptions of the network so far have been light on details, but the network may help Snap broaden its appeal to advertisers without having to gain users. Snap's vice president of partnerships Ben Schwerin announced the new audience network during the keynote address of the summit. The offering gives third-party app makers a new revenue stream with Snap's full-screen, vertical ads with"advertisers included," indicating it might make sense for companies that don't have the resources or background in selling ads. In online materials, Snap says its audience network is"built with our privacy-by-design principles top of mind.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

a 1% stock pop on a 10.00 stock aint a pop! thata blip!!!!!!

MY EYESIGHT IS BAD. MY GLASSES DO NOT SEE THAT FAR. I CAN NOT WEAR TELESCOPES. TOO HEAVY

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 12. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Snap is taking on Apple in the multi-billion dollar mobile gaming businessSnap announced a new ad-supported gaming platform at an event Thursday, following Apple and Google into the gaming space. mr_jettlife
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