Snap expects ad platform to drive annual sales growth of over 50% for many years

Snap expects ad platform to drive annual sales growth of over 50% for many years

News: Snap expects ad platform to drive annual sales growth of over 50% for many years.

(Reuters) – Snap Inc’s self-service advertising platform may lead to annual sales growth of over 50% for several years, the product boss said Tuesday.

The social media company’s shares rose nearly 4% in afternoon trading.

Reporting by Munsif Vengattil in Bengaluru and Sheila Dang in New York

Original Source © Reuters

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