UM MENAT’s Post

It's been a tough week at Snap with layoffs and a dip in the stock market, but I’m seeing a bright future ahead. Here's why my optimism for Snap Inc. is stronger than ever: Our foundation is rock-solid. Snapchat is more than just a platform; it's a community now over 800 million strong, thriving on genuine human connections. We're the antidote to the traditional social media noise, fostering real interactions. Let's zoom into some of our recent milestones: 📈 Revenue Growth: We've seen a promising +5% YoY increase in Q4, complemented by a robust +15% QoQ. Not to mention, our Snapchat+ subscription business has soared, witnessing a 200% YoY growth, now valued at $249 million. 🌍 Community Growth: Our Monthly Active Users (MAU) have climbed by +8% YoY, surpassing the 800 million mark in Q4. We're on track towards achieving our ambitious goal of 1 billion MAU. 🎥 Content Growth: The total time spent watching Spotlight content surged by over 175%, while influencers on the platform have seen their public stories grow by more than 125% YoY. 👓 Product Innovation: Augmented Reality [AR] is more than a feature; it's a daily experience for over 300 million Snapchatters engaging with AR on Snapchat every day. 💡 Brand Differentiation: At its heart, Snapchat was conceived as the antidote to conventional social media. It's a platform where genuine connections flourish, and we just launched a bullish brand campaign to tell our story. (MoreSnapchat.com). These achievements are not just numbers; they're testaments to our resilience, innovation, and unwavering commitment to our community. The path ahead is bright, and I'm excited about what the future holds for us at Snap. #SnapPride #MoreSnapchat #Innovation #AugmentedReality #SocialMediaRevolution

Finding a balance between ambition and personal growth is key. On the latest episode of Career Diaries, I chat with Cambria Steel, Senior Account Executive of Snap Inc. Cambria shares her journey from X (formally Twitter) to Snapchat, emphasizing the importance of learning, balance and career progression. Click the link in the comments to discover how to navigate your career with intention and purpose. #CareerSuccess #MillennialCareer #ProfessionalDevelopment #YoungProfessional #Workplace

Snap Inc. captured my teenage years. Some memorable moments, and some regrettable. It’s the app I use to see the inner lives of my siblings through their stories, and follow influencers I pretend to know nothing about. So it’s kind of wild to me that Zero Gravity is partnering with Snap, to power our members into the world of Augmented Reality. You know those Lenses? The ones that elevate your surroundings into a place of your imagination? Our members are going to be designing those. And the creator of the best one will bag a day’s work experience at Snap HQ in London. When it comes to social mobility, we often only hear about certain paths to success. But when I left uni I wanted to use the skills that actually lit me up. I know this opportunity to innovate with Snap Inc. will unlock more ambition in uni bedrooms across the UK. Excited to see what happens next. Big up Cordelia, Adam, Isabella and everyone involved in making this collab happen. 🌟 #workexperience #socialmobility #snapchat #augmentedreality #upskilling

Unlock Your Brand’s Growth on Snapchat with Point2Web! 🚀 #fitness #gym #sport #snapchat #snapchatmarketing #SnapchatMarketing #SalesGrowth #DigitalAdvertising

𝐀𝐭𝐭𝐞𝐧𝐭𝐢𝐨𝐧 𝐀𝐑 𝐂𝐫𝐞𝐚𝐭𝐨𝐫𝐬 & 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐨𝐫𝐬!🚨 This Wednesday, November 20th, we have something extraordinary for the AR community in Delhi-NCR: the 𝐀𝐑 𝐂𝐫𝐞𝐚𝐭𝐨𝐫𝐬 𝐌𝐞𝐞𝐭𝐮𝐩, hosted by Arexa, Bharat XR, and Snap AR. 🕛 12 PM - 5 PM in Delhi-NCR 🎟️ Registration link is in the comments! I know Wednesdays are often packed, but this half-day gathering is well worth stepping away from routine – here’s why you can’t miss it: 🔥 𝑬𝒙𝒄𝒍𝒖𝒔𝒊𝒗𝒆 𝑳𝒆𝒂𝒓𝒏𝒊𝒏𝒈: Hear directly from Joe Darko, Global Head of Developer Relations at Snap Inc., and Srivatsan Jayasankar, Head of AR Partnerships, India at Snap Inc.. 🌐 𝑵𝒆𝒕𝒘𝒐𝒓𝒌 𝑳𝒊𝒌𝒆 𝑵𝒆𝒗𝒆𝒓 𝑩𝒆𝒇𝒐𝒓𝒆: Connect with the best AR creators, exchange ideas, and spark new opportunities. 🎨 𝑰𝒏𝒕𝒆𝒓𝒂𝒄𝒕𝒊𝒗𝒆 & 𝑬𝒏𝒈𝒂𝒈𝒊𝒏𝒈: No boring slides. Just interactive sessions, a touch of creativity with our 'Making Viral Lenses' Session by Pranjal Nahata, and insights that will reshape your AR vision. 🎁 𝑺𝒘𝒂𝒈𝒔 & 𝑬𝒙𝒄𝒍𝒖𝒔𝒊𝒗𝒆 𝑰𝒏𝒔𝒊𝒈𝒉𝒕𝒔: From Snap AR’s inside scoop to cool giveaways, it’s all here! 💬 Curious about how to create viral AR lenses? I’ll be there too, sharing my journey and techniques! If AR is your passion or profession, this meetup will inspire, energize, and connect you. Take a few hours to invest in your future – you won’t regret it. #ARCreatorsMeetup #SnapAR #Arexa #BharatXR

The Downfall of Snapchat! 📈 ●Snap Inc , Parent company of Snapchat has reported a loss of $248 million last quarter. ●Snap Inc Stocks has gone down by 30%🔻 after the report. ● On top of that , Snap announced to layoff 10% of global workforce i.e around 500 employees. 1️⃣ What may be the causes of snapchat's downfall❓ a)The shrinking Ad market : Snap Inc makes money💲 mainly through ad advertising revenue on Snapchat app. Economy is slowing down , so Companies are spending less on Ads. Hence, Snap is Losing money. b)The Business model⁉️: According to experts, Snap doesn't lack when it comes to innovation but it lacks steady business model as they are not being able to scale it. Snap AR Glasses project , Selfie drones didn't worked and were scrapped soon after the loss. c)Popularity of Snapchat📈: Snapchat is not so popular like before as it is losing its users against Big tech giants (For eg: Facebook) What may be Solutions for Snap Inc for this crisis of Survival❓❓ Opening new revenue streams ?? pivot their business idea?? What's your thoughts on this? Comment below❤ #techenthusiast #casestudy #articleship

🚀 Celebrating a success story that was long-awaited - #Snapchat's remarkable turnaround! After surpassing two years of declining revenue growth, SNAP Inc. is primed to achieve its highest level of annual revenue ever! ✔️ Let's dissect what drips remarkable here: 🎯 #SustainableCostStructure: Snap stares at a successful year having worked arduously on restructuring their economic model. By establishing a sustainable cost structure, the firm has substantially improved its earnings and cash flow, emphasizing preventive strategies to stabilize their financial health. ✨#ExpandingUserBase: With a tempting comeback, SNAP now prides in an expanding user base crossing its previous high. An aggressive user engagement strategy seems to have hit the right chord! What does the success story of Snapchat hint at, you may ask? 🔹 Strap-in for this wild prediction; I forecast that Snapchat is venturing into its golden era of business evolution- with focused emphasis placed on sustainability, and improved cost structure, revenue is bound to surge. 🔹 The journey of Snapchat serves as a heavyweight testament to corporations - growth may be challenged during a certain period, but the key lies in proactive strategies and unyielding resilience. Fasten your belts ventures; ambitious strides can be taken even after connecting with the ground of declining growth. After all, every setback sets the stage for a glorious comeback! Here's to #Snapchat's unremitting spirit and quintessential corporate turnaround! 🥂 #businessgrowth #financialstability #resilience #revenuebuildup.

Snap shares plunge 30%, reasons? Snap shares plunged 30% after reporting a $248 million loss in Q4 2023, though narrower than expected. The conflict in the Middle East impacted growth by 2%, and recent layoffs signal cost-cutting. Despite reaching 414 million daily active users, concerns persist over Snap's monetization strategy. The company remains optimistic about ad-targeting progress and diversification efforts, including the Snapchat+ subscription program with over 7 million subscribers. The brand campaign, "Less Social Media. More Snapchat," reflects Snap's shift toward private conversations. Challenges come amid industry scrutiny and safety concerns, as highlighted in a recent Senate hearing. #snapchat #stockmarket #financialreport #digitaladvertising #info

🌐Introducing SnapThreads – Where Your Voice Creates Connections!✌️ As a developer passionate about fostering genuine connections and promoting open speech, I'm thrilled to share my latest creation: SnapThreads. This innovative platform is inspired by the best of Snapchat and Threads by Meta, designed to empower you to share your thoughts freely and build meaningful streaks with others. SnapThreads at a Glance: 🔄 Create streaks that reflect your commitment 💬 Express yourself in a tweet-like format without restrictions 🌍 Amplify your voice and embrace diverse perspectives 🔄 Share your SnapThreads across various platforms effortlessly 🤝 Engage with a vibrant community that values authenticity 🔐 Secure authentication ensures a safe space for all voices Join SnapThreads from here - https://rb.gy/knmf53 Feel free to drop some feedbacks, It'll help me improve SnapThreads. Join me in redefining digital engagement and expressing ourselves in new and meaningful ways. Start sharing on SnapThreads today and be part of a growing movement towards more authentic and connected digital communication. #SnapThreads #OpenSpeech #DigitalCommunity #clerk #secure

🚀 Snapchat parent company, Snap Inc. has now joined the trend of layoffs, announcing plans to lay off 10% of its global full-time workforce as it continues to face challenges with its revenue products amid declines in the digital advertising market. ✨While the company did not disclose the names of the departments that will be affected by this round of layoffs, it told The Verge that these job cuts are crucial to "best position our business to execute on our highest priorities and to ensure we have the capacity to invest incrementally to support our growth over time." #layoff2024 #layoff2023 #snapchat #linkedinnews #linkedinjobs #jobloss #hiringalert #openfornewopportunities #opportunity #recession