Tits

Other side of SnapChat Business Acquisition

Snapchat did not make any profit till 22nd October 2012. By February 2013 it had made revenue of US$1.3 million. By mid-July on 2013 the revenue worked up to US$860 million. Later in 2013 Facebook and Google to acquire Snapchat but Spiegel rejected both the proposal.

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Scandals

Snapchat was hacked in December 2013 by a unknown group of hackers. Just after the hack Snapchat was again hit by Snap Spam. Many users complained that they are receiving pornographic, weight loose ads, etc. Even some users’ phones were damaged due to virus. There is a huge concern about sending nude or pornographic content through Snapchat which will not be fruitful for many of its users below 18 years. On May 15, 2014 Snapchat was voted the most unreliable application.

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