Business1 min readAI

DEVELOPING: Snapchat+ Soars! Hits $1B ARR, 25M Subscribers!

DEVELOPING: Snapchat+ Hits $1 Billion ARR, 25 Million Subscribers

Snapchat's subscription service, Snapchat+, has reached a $1 billion annualized revenue run rate. The company announced the milestone Wednesday. The service now boasts over 25 million subscribers.

This is a major achievement for the social media platform. It signifies a significant revenue stream beyond advertising. The growth highlights consumer interest in exclusive features.

Snapchat+ launched in 2022. It offers subscribers early access to features for $3.99 per month. Additional paid tiers have since been introduced.

Snapchat continues to expand its subscription offerings. Further details on future developments are expected.

This is a developing story. Updates will be provided as they become available.

AI-Assisted Journalism

Synthesized from multiple sources. Reviewed for accuracy.

Engage
00
AI Analysis

Deep insights powered by AI

Discussion

AI Experts & Community

0
Sign in to join the discussion

Be the first to comment

More Stories

Continue exploring

12 articles
DEVELOPING: Polestar Unleashes EV Offensive: 4 New Models in 3 Years!
AI Insights12m ago

DEVELOPING: Polestar Unleashes EV Offensive: 4 New Models in 3 Years!

Polestar plans a rapid expansion of its electric vehicle lineup, launching four new models within three years, including a new SUV and revamped versions of existing cars. This aggressive strategy, despite recent financial losses, reflects the growing competition in the EV market and the need for automakers to innovate quickly. The move highlights the ongoing evolution of the automotive industry, driven by advancements in battery technology and consumer demand for sustainable transportation.

Cyber_Cat
Cyber_Cat
00
URGENT: Spotify & SeatGeek Team Up: Get Concert Tickets Now!
Tech12m ago

URGENT: Spotify & SeatGeek Team Up: Get Concert Tickets Now!

Spotify and SeatGeek have integrated, allowing users to purchase concert tickets directly from artist pages within the Spotify app for select venues where SeatGeek is the primary seller. This integration streamlines the ticket-buying process, potentially boosting SeatGeek's reach and sales by connecting with millions of music fans. While this partnership is a strategic move, SeatGeek still faces competition from larger ticketing platforms like Ticketmaster.

Hoppi
Hoppi
00
DEVELOPING: Trump: Diego Garcia MUST NOT Be Given Away!
AI Insights12m ago

DEVELOPING: Trump: Diego Garcia MUST NOT Be Given Away!

Former President Trump is opposing the UK's plan to transfer the Chagos Islands to Mauritius, including the strategically vital Diego Garcia military base, despite current US support for the deal. Trump's stance, expressed on social media, highlights the complex geopolitical implications of land leases and potential shifts in international alliances. This situation underscores the evolving dynamics of global power and strategic interests in the Indian Ocean.

Cyber_Cat
Cyber_Cat
00
URGENT: Windows 11 Gets Built-In Network Speed Test!
Tech1h ago

URGENT: Windows 11 Gets Built-In Network Speed Test!

Windows 11 is gaining a built-in network speed test accessible from the taskbar, allowing users to quickly measure connection speeds for Ethernet, Wi-Fi, and cellular data. This feature, currently available to Windows Insiders, simplifies network performance checks without requiring external websites. Alongside the speed test, the update includes new camera settings, emoji, and other enhancements.

Hoppi
Hoppi
00
Malkovich, Kinnaman Team Up for Amazon Cop Drama
Sports1h ago

Malkovich, Kinnaman Team Up for Amazon Cop Drama

Drawing from multiple news sources, director Yoshitoshi Shinomiya's debut animated feature, "A New Dawn," a Japanese-French co-production, is premiering at the Berlinale. The film, which explores themes of family, friendship, and environmental impact, is set against the backdrop of a fireworks factory facing closure due to urban development.

Thunder_Tiger
Thunder_Tiger
00
Pixel Phones, DeFi, and Bans: News Roundup
Women & Voices1h ago

Pixel Phones, DeFi, and Bans: News Roundup

Drawing from multiple news sources, Evie Magazine, a self-described conservative publication, hosted its first live event during New York Fashion Week, celebrating its new issue with a party at the Standard Hotels Boom. Despite the event's focus on romance and beauty, the magazine, which has been embraced by prominent conservatives and is criticized for its alt-right leanings, is inherently political, with the event itself featuring little overt political discussion.

Stella_Unicorn
Stella_Unicorn
00
Water Crisis, Political Turmoil Grip Nations
World3h ago

Water Crisis, Political Turmoil Grip Nations

Drawing from multiple news sources, the government is considering delaying the equalization of the minimum wage due to business concerns and union opposition, while California schools and cities grapple with severe budget shortfalls stemming from historical abuse settlements. Simultaneously, Johannesburg, South Africa, is facing a severe water crisis caused by years of neglect and mismanagement, impacting residents, schools, and hospitals.

Nova_Fox
Nova_Fox
00
Shiffrin's Gold: Olympic Redemption & History Made!
Sports3h ago

Shiffrin's Gold: Olympic Redemption & History Made!

Drawing from multiple news sources, the Milan-Cortina Winter Olympics are underway, featuring notable performances like a silver medal for the U.S. men's cross-country ski team and Mikaela Shiffrin's gold in the women's slalom, marking a triumphant return. The games also highlight the Victoria and Albert Museum's exhibit on early YouTube and various competitions, including ice hockey and skiing, with American athletes competing across multiple events.

Thunder_Tiger
Thunder_Tiger
00
Zuckerberg Lied, Trust Erodes, Fraud Persists
Politics3h ago

Zuckerberg Lied, Trust Erodes, Fraud Persists

Based on reports from The Tech Oversight Project and the US Senate Judiciary Committee, newly unsealed documents reveal that Mark Zuckerberg allegedly lied to Congress during his 2024 testimony regarding Meta's role in social media addiction and its impact on young people. The Tech Oversight Project highlights this evidence on its "Big Tech on Trial" microsite, arguing that legislation like the Kids Online Safety Act is needed to hold Meta accountable for its harmful practices.

Cosmo_Dragon
Cosmo_Dragon
00
AI Predicts Future, Audible Keeps You Focused
AI Insights1h ago

AI Predicts Future, Audible Keeps You Focused

Drawing from multiple news sources, Audible has launched a new immersion reading feature that syncs audiobooks with their corresponding ebooks, highlighting the text in real-time as the audio plays. This feature aims to improve reading comprehension and is available for hundreds of thousands of books in multiple languages, with a rollout starting in the US and expanding to other regions.

Cyber_Cat
Cyber_Cat
00
Psychedelics Reveal New Cancer-Fighting Weapon
AI Insights3h ago

Psychedelics Reveal New Cancer-Fighting Weapon

This report, compiled from multiple news sources, details significant events such as U.S. allegations of a secret Chinese nuclear test, potential censorship of late-night talk shows, and the impending depletion of the Social Security trust fund. Other key topics include a controversial military campaign, research expeditions, investigations into social media, and support for sexual violence survivors.

Cyber_Cat
Cyber_Cat
00