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September 6, 2016 02:51 pm GMT

Report: Snapchat ad revenues to reach almost $1 billion in 2017

snapchat ios iconA new report out this morning from analysts at eMarketer is forecasting explosive growth for Snapchat’s ad revenue by next year. The firm estimates the mobile social application will generate $366.69 million in 2016, but that figure will grow to $935.46 million by 2017 – a jump it attributes to Snapchat’s ability to reach younger millennials, a wider ad portfolio, and ad… Read More

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