Snap Inc. (NYSE: SNAP) was featured in a recent analysis report that examined the uptick in Snapchat usage during the first few weeks of quarantine, noting an increase of 20% in average time spent on the app in the last week of March compared to the last week of January. The report, written by LikeFolio Founder Andy Swan, reads, “LikeFolio data reveals an uptick in Purchase Intent mentions (+25%) in last week of March vs. January. Now, Purchase Intent is holding around 12% higher than January levels. However, Consumer Happiness is falling, registering near 50% positive. And it sits lower than peers (Instagram/Instagram Stories sentiment is near 60% positive).”
About Snap Inc.
Snap Inc. is a camera company that believes reinventing the camera represents its greatest opportunity to improve the way people live and communicate. Snap contributes to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. For more information, visit www.Snap.com.
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