Snapchat suffers loss of nearly $ 40 million with Spectacles glasses:
Snapchat is disappoint with its market financial result which came in the third quarter of present year 2017, it posted a revenue of $ 208 million which is much lower than company expected, according to the Wall Street Analysts. Despite this company also lose a net worth of $ 443 between the months of July and September this year 2017.
Downstream users (and stocks)
Company just added only 4.5 million new users, on daily period and total of 178 million user daily. For camparison with other social apps, Instagram Stories and WhatsApp status, and the two Facebook feature has made a impact on Snapchat, which has already more than 300 million user each.
Company Snapchat also revealed that the sale of Spectacles glasses, which record and transmit videos, fell below expectations, causing a loss of almost 40 million dollars for the company.