Snapchat’s parent company lost around $1.3 billion in market value on Thursday after reality star Kylie Jenner’s tweeted that she was no longer using the messaging service. “sooo does anyone else not open Snapchat anymore? sooo does anyone else not open Snapchat anymore? — 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. According to The Daily Mail, Snapchat never made a profit, however, it just recently received a $636 million pay deal.
Source: The Express Tribune February 23, 2018 08:07 UTC