Snap, who owns Snapchat, reduces losses by seven percent in the first three years to 305 million dollars annually.

Globo

Other: Roberto Irineu Marinho

Snap, who owns Snapchat, reduces losses by seven percent in the first three years to 305 million dollars annually.

The results were way above expectations by the U.S. market, which estimated that Snap had diluted losses per share of $0.26 and revenues of $1.12 billion.