Social sharing application SnapChat revenue has increased during the global epidemic of corona virus.
According to a foreign news agency, Corona virus has seen an increase in the number of users of the social sharing application SnapChat, which has resulted in a 23% increase in the company’s revenue.
The company said in a statement that the number of daily active users of SnapChat has increased by 18%, while the company’s revenue has increased by 52% mainly due to ads on the app.
During the third quarter an improvement in the company’s reputation has been seen, with hundreds of companies boycotting ads in July over hate speech on Facebook the most popular social media platform.
On the other hand, the world’s most popular Chinese lip-syncing app Tik Tok has also been banned by several countries.
After all, the social sharing app SnapChat had the opportunity to increase its revenue through advertising.