India  
NewsR.in
> >

Has Kylie Jenner Knocked $1 Billion off Snapchat’s Value?

One News Page Staff Saturday, 24 February 2018
Has Kylie Jenner Knocked $1 Billion off Snapchat’s Value?by

Anyone paying attention to tech news in recent weeks will likely already know that there’s been a considerable backlash mounted against changes made to Snapchat’s user interface, or UI. The changes made to the photo and video sharing app mean that users will now have to relearn how to access features such as Chat and Stories – and it seems that the brand are fairly unrelenting when it comes to the changes, with updates made in an attempt to make browsing the UI easier, though with no plans to revert back to the old platform.

If the changes made to the UI weren’t met with enough bad news for the brand, it seems that their market value has taken a significant nosedive after one of its most high profile users posted negatively about the app in recent days – such is the power of social media! It is being reported that stock value in the app plummeted significantly following Kylie Jenner – star of reality TV and social media alike – having reportedly claimed on Twitter that she no longer feels interested in using the service. “Does anyone else not open Snapchat anymore? Or is it just me… ugh this is so sad,” tweeted the Keeping Up With The Kardashians star, who with hundreds of thousands of likes and retweets has a considerable following online – and thus could potentially affect how Snapchat goes down with the general public.

Kylie Jenner Just RUINED Snapchat by Doing THIS
Watch: Kylie Jenner Just RUINED Snapchat by Doing THIS

Certainly, it seems that, along with negative reception to the UI changes coupled with Jenner’s tweet, some investors bailed on Snap Inc this week. It’s thought that the brand has nosedived six per cent in total – a significant drop – and one which many will hope is noticed in the coming weeks and amended for. While Snap have apologized and have offered support regarding worries over the changes made to the UI, for many people this hasn’t been enough. With one of the app’s most high profile users in Jenner reportedly no longer interested in using the service, this could easily take away some further interest from Snapchat full stop.

It’s not been an easy few weeks for Snapchat – while we do think a change is as good as a rest, it seems that alterations brought in to help enhance the UI experience in recent times have been met with the adverse effect – and if value in the business continues to travel downhill in value, it is uncertain quite how long these changes will stay in place for.

0
shares
ShareTweetSavePostSend
 
Source: NowThis News - < > Embed
News video: Kylie Jenner Tweet Cut Snapchat’s Value By $1.5 Billion

▶ Kylie Jenner Tweet Cut Snapchat’s Value By $1.5 Billion 01:14

Kylie Jenner cut Snapchat’s value by $1.5 billion with a single tweet to her 24.5 million followers stating, “Sooooo does anyone else not open Snapchat anymore? Or is it just me… ugh this is so sad.” The drop-in value says a lot about the Kardashian/Jenner influence. But even without...

You Might Like


Tweets about this


Other recent news in Internet

Your IPHONE can shoot professional-grade shots. Let award-winning photographer, Chase Jarvis, show you how.How flocks of birds got trapped inside the eye of Hurricane FLORENCE
How scooters could save MEXICO CITY from being the world’s most polluted cityThe real-life story behind BOJACK Horseman's episode on forgiving abusive men in Hollywood

Recent related videos

Kourtney Kardashian Going Crazy On Tyga Video Surfaces After Tyga Bashes Kylie Jenner On Radio [Video]Kourtney Kardashian Going Crazy On Tyga Video Surfaces After Tyga Bashes Kylie Jenner On Radio

WOW is an understatement…a never before seen video of Kourtney Kardashian going OFF on Tyga has now surfaced and we’re over here saying WTF.

Rumble -   02:35

Kylie Jenner Talks About Body Changing After Pregnancy [Video]Kylie Jenner Talks About Body Changing After Pregnancy

Kylie Jenner has been open about her body changing after having daughter, Stormi Webster. According to Allure, Jenner has shared regular updates of her trying to shed off her baby weight. On the 2018..

Wochit -   00:32

Tyga 'had a lot to do with Kylie Jenner's success' [Video]Tyga 'had a lot to do with Kylie Jenner's success'

Tyga "had a lot to do" with the success of Kylie Jenner's make-up brand. The 28-year-old rap star dated the American make-up mogul on and off between 2014 and 2017, and Tyga has now claimed that..

Splash News TV -   01:13

Kylie Jenner Shows Off New Short Bob Haircut [Video]Kylie Jenner Shows Off New Short Bob Haircut

Kylie Jenner shows off her new short bob haircut while promoting her newest cosmetic release.

Splash News TV -  

•More original news reports from newsR
Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2018 newsR / One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter