Snapchat+ revenues keep growing.
Subscriptions topped $20m for the first time, up 23% MoM.
It now has 5 million+ paying subs at $3.99 a month, proving Snap’s younger audience are willing to pay more for access to exclusive features.
These include:
BFF pins (ability to pin friends to the top of the feed)
My AI chatbot
Generative AI selfies called Dreams
App icon customisation
Early access to next gen features
But, it’s still a tiny fraction of Snapchat’s overall $1bn+ revenues.