August 13, 2019
Snap headquarters at 772 Donald Douglas Loop N. in Santa Monica.
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Snap Inc. has reportedly acquired New York-based startup StreetCred Labs Inc., a company that collects location data for app developers.
Snap Inc. is acquiring Israel-based startup Voca AI Ltd. for cash and stock.
Social media giant launches offerings to counter TikTok
In a series of moves seemingly made with one eye on advertisers and the other on rapidly growing competitor TikTok, Snap Inc. recently announced shoppable shows, rolled out music lenses and signed partnerships with third-party developers.
Reports surge in earnings and users
Snap Inc. announced a $750 million debt offering the day after reporting a jump in first-quarter earnings and daily active users.