article thumbnail

AxleHire Plans Zero Emissions Delivery In Santa Monica

socalTECH

A last-mile delivery company, AxleHire, says it plans to start offering up zero emissions delivery in Santa Monica, as part of Santa Monica's effort to create a voluntary zero emissions delivery zone in the city.

article thumbnail

Snap Sees Increase In Active Users, Revenue Increase

socalTECH

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>>.

Activity 113
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Snap Sees Daily Active Users Increase In Q2

socalTECH

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. The social media and communication software developer announced the numbers in its second quarter 2019 financial results.

Activity 113
article thumbnail

Zaniac Launches After School, Minecraft Programs In Santa Monica

socalTECH

Zaniac , the operator of an after-school, education program which uses Minecraft and robotics to teach Science, Technology, Engineering, and Math (STEM) to kids, said this week that it has opened up a location in Santa Monica--the first in a major expansion into Los Angeles. READ MORE>>.

article thumbnail

Snap Sees Active User Increase, But Still Seeing Steep Losses

socalTECH

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.

Activity 113
article thumbnail

IPOs Slow In Q1, But SoCal Sees Some Activity

socalTECH

IPO of San Diego's Gossamer Bio , and two smaller IPOs that included Santa Monica's Super League Gaming ($25M raised) and San Diego-based Inmune Bio ($8.0M). Despite the slowdown, Southern California managed to produce three IPOs in the first three months of 2019, including the $317.0M

article thumbnail

Triptrotting Adds Events and Activities

socalTECH

Santa Monica-based Triptrotting , which helps match travelers with like-minded locals, is expanding this morning, saying that it has added a new "Social Activities" feature to help users find activities by location, date, time, and price.

Activity 133