socalTECH
JULY 24, 2019
Santa Monica-based Snap Inc. , the parent company of Snapchat , says its daily active users (DAU) increased by 8 percent year-over-year, to 203 million users. Snap's revenues grew to $388M in Q2 of 2019, with a net loss of $255M for the quarter.
socalTECH
APRIL 22, 2020
Santa Monica-based Snap , the parent company of Snapchat , reported its first quarter 2020 financials on Tuesday afternoon, saying that it has seen an increase in both its daily active users and revenues. Despite the increase in usage and revenues, Snap still reported a net loss of $306M in Q1 2020. READ MORE>>.
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socalTECH
APRIL 24, 2019
Santa Monica-based Snap Inc. , the parent firm of Snapchat , reported its quarterly results on Tuesday afternoon, saying that its daily active users (DAU) increased by 2 percent quarter-to-quarter, to 190 million. However, Snap continues to post steep losses, saying it had a net loss of $310M in Q1 of 2019, on revenues of $320M.
socalTECH
JANUARY 31, 2011
Santa Monica-based Demand Media said this morning that it received approximately $77.2M in net proceeds from the firm's IPO last week.
socalTECH
FEBRUARY 6, 2019
Santa Monica-based Snap , the parent firm of Snapchat, reported its results on Tuesday afternoon, saying that its fourth quarter revenues were up 36 percent to a record, $390M. However, the company is still posting big losses, saying it had a net loss of $191.7M billion for the year, and a net loss of $1.25
socalTECH
NOVEMBER 3, 2016
We looked at other sites, such as Cross Campus Santa Monica, and we saw the events they were running, which we went to a lot before they opened a location here. We looked around the country at other co-working spaces, and see how it's been the hub for lots of growth and activity.
socalTECH
MAY 2, 2014
To get some insight into how those names are changing--we caught up with Steve Banfield , SVP and GM of Registrar Services over at Rightside (www.rightside.co) -- which is in the midst of spinning out from Santa Monica-based Demand Media. The decision was made over a year ago now, to break those two pieces into two separate companies.
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