Snapchat is nearing 1 billion monthly users. Why can't it turn a profit?

latimes.com/business/story/2025-11-26/snapchat-snap-billion-monthly-users-social-media-facebook-evan-spiegel

Snapchat's user growth worldwide has been climbing, fueled by India and Pakistan, but investor confidence in the company has been waning as it loses money.

This story appeared on latimes.com, 2025-11-26 11:30:00.
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