Not only is Lyft gaining on its bigger rival Uber, that growth is driven by young people, according to new data. Nearly 78 percent of people who downloaded Lyft in the last six months are under 34 years old, according to SimilarWeb data that looks at app installs from Google Play. In comparison, 66 percent […]
Twitter experienced healthy growth during the last 12 months, largely driven by the maturation of its video ad suite, with the company posting Q1 revenues of $665m, up 21% year-over-year. Ad revenue for the period was up 21% year-over-year hitting $575m with total ad engagements also up 69% although its cost per engagement fell 28%. […]
Snapchat parent Snap beat Wall Street expectations for the first time since the company went public almost a year ago, in the fourth quarter of 2017. Snap reported impressive revenue and user growth, and saw its stock price soar more than 20 per cent to finally give investors something to smile about. “We ended 2017 […]