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Stock impact report

Snap Is Reportedly Getting Ready to Launch a Gaming Platform Next Month [Fortune]

Snap Inc. Class A (SNAP) 
Last snap inc. class a earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investor.snap.com/company-profile
Company Research Source: Fortune
Snap Is Reportedly Getting Ready to Launch a Gaming Platform Next Month Snap Inc., the developer of the Snapchat app, will reportedly launch its new gaming platform as soon as next month. The gaming platform is internally known as “Project Cognac” and will include several games created by outside developers that will be programmed to operate in the photo-sharing Snapchat app, Cheddar reports Snap has been rumored to expand into a gaming platform for nearly a year. As Fortune In January, Snap invested in the Australian game studio Prettygreat, CNET reported Fruit Ninja Jetpack Joyride The Chinese tech giant Tencent also acquired 10% of Snap’s publicly traded shares in 2017, another sign of its move into gaming, according to Cheddar. Tencent said at the time that it hoped to work with Snap to develop “mobile game publishing” and “newsfeed” ads, Business Insider reported. The company has struggled to increase its users, but its revenue grew by 36% users also grew by 5% Snap Inc. did not Show less Read more
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