Snapchat also differs from its main competitors by the uniqueness of its application. But this does not stop there, since each year, this figure increases by an average of 36%, which should lead to a doubling of users over the next two years. The Snapchat group currently has more than 166 million users worldwide. The first advantage Snapchat has is of course its user base.

First, we invite you to discover the strengths of Snapchat. In this case, the ideal is to know the strengths and weaknesses of this value in order to determine as precisely as possible its evolutionary capacities. The Snapchat share price is currently quoted on the Main Market of the NYSE and integrated into the calculation of the Nasdaq stock market index.īefore you start trading Snapchat shares, it is essential to implement a quality strategy, especially if you are considering taking a long-term position. The advertising displayed on the application between the different views of media or the different ‘snaps’ or during the viewing of the ‘story’.The sponsoring of Geofilters or lenses by brands.The purchase of filters created by users according to their geographical location or their personal events, called ‘Geofilters on Demand’.The purchase of bonuses notably enabling the second viewing of a received file.Advertising revenue through the Discover space.The profits of the Snap Group are generated in several ways, here are the major ones: Snapchat was recently introduced onto the stock markets it was valued at 24 billion dollars in the beginning of 2017. This time period varies between 1 to 10 seconds. Although this photo sharing system is not original, Snapchat’s time limit aspect on the viewing of media sent by users is unique. It was created by students from Stanford University in the United States.

The Snap Company, previously called Snapchat, is known for creating a free photo and video sharing application for mobile phones.

Snapchat stock price today