Muvi Blogs

Beyond The Buzz- Latest Insights From Muvi

Snapchat to make $1 billion ad revenues by 2017

Snapchat, the biggest social platform for streaming live stories has expanded its advertising portfolio to include a variety of live streaming video ads along with sponsored geofilters and sponsored lenses. According to an eMarketer report, the messaging service is set to make $935.5 million next year.

The report also predicted that Snapchat’s ad revenues will climb by 155% year on year in 2017. The service scored $366.7 million in ad revenues this year and is expected to grow 88.2% in 2018 to reach $1.760 billion by next year. currently Snapchat draws 95% of its video ad revenues from the US but plans to target other regions soon.


Latest Tweets

Join Us On Facebook

Subscribe to our Newsletter

We use cookies for best experience on website. By using our site you agree to

Cookies Policy