Snapchat’s parent company lost around $1.3 billion in market value after reality star Kylie Jenner’s tweeted that she was no longer using the messaging service. — Kylie Jenner (@KylieJenner) February 21, 2018She later followed up with “still love you tho snap … my first love,” but the damage may already have been done. still love you tho snap … my first love — Kylie Jenner (@KylieJenner) February 21, 2018Snapchat is a picture messaging app where users can send photos to each other to view for a limited amount of time. Snap’s shares fell by over six percent on Thursday trading, a loss of about $1.3 billion in market capitalisation. According to The Daily Mail, Snapchat never made a profit, however, it just recently received a $636 million pay deal.

Source: Pakistan Today February 23, 2018 08:03 UTC