Snap acquired Fit Analytics in March and now, a filing has put a price tag on that deal, reports TechCrunch.
The revenue increased 66 per cent (YoY) to $770 million and average revenue per user increased 36 per cent (YoY) to $2.74, according to Snap, the parent company of Snapchat.
Leading apparel brands and retailers across six continents, including North Face, Asos, Calvin Klein, Patagonia, Puma and more are using Fit Analytics' platform to solve sizing at scale and deliver "meaningful bottom-line impact".
Globally, Snapchat had 265 million daily active users in the December 2020 quarter. Over 5 billion 'snaps' were created daily on average by users on the platform.
With this integration, Moj creators will now be able to access Snapchat's Lens Carousel, directly inside the app when creating content, giving them a range of creative tools to elevate their videos.
Snapchat Camera is helping create an average of over 5 billion Snaps every single day.
The Snapchat lens will also play a message from Biden addressing Snapchatters: "Hey Snapchat!! It's me, Joe. Welcome to inauguration!"
Currently available for iOS users, press the share button on a public tweet (private tweets aren't supported) and select the Snapchat icon from the share carousel, reports The Verge.
According to the company, this new investment will continue its commitment to funding opportunities for Lens Creators to work on sponsored projects, connect personal passions with Lens creation
Indians are active selfie takers and sharers, and they consider filters a useful tool in enhancing their appearance and presenting their best self.
The special Snapchat Lens will help transform festive wishes into Bubbles of positivity that can be released into the sky alongside virtual fireworks and Diwali greetings.
According to the company, creators wanted to show off their growing community with public subscriber counts, suggests that they want a public-facing metric to demonstrate how successful they are for brands, reports the Verge.
The fun new feature allows friends that can't be together in person, to create new shared memories through AR on Snapchat.
The average number of Snaps created every day grew 25 per cent year-over-year.
This fall, the LinkedIn users will be able to start a face-to-face interaction to share career advice, chat about potential job opportunities or catch up in virtual group get-together via online meeting tools .
"We sped up the initial launch of Here For You in February because we recognised that in the wake of coronavirus, our global community needed support."
"We urge Indian corporate leaders to come forward and reclaim the country's business ecosystem and consumers through supporting/investing in Indian startups."
This new ability provides a rich 3D canvas for self-expression and a suite of new 3D Effects on Snapchat, the company said in a statement.