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Snap's revenue increased 6% YoY to $1,128 mn in third quarter of 2022
Snap, the parent company of Snapchat, has reported that its revenue grew 6 per cent year-over-year (YoY) to $1,128 million in the third quarter of 2022.
Snap shares slump 23.5% on slowing user growth
Its user base rose 36% in Q1 as compared to 47% growth in Q4
