HomeNewsWorldSnap says Snapchat+ has 3 million paid subscribers

Snap says Snapchat+ has 3 million paid subscribers

The number of subscribers for Snapchat+ indicates the company is seeing success at a time when social media platforms are increasingly seeking to charge users for certain features.

April 20, 2023 / 12:14 IST
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Snapchat
Snapchat

Snap Inc on Wednesday said its subscription service Snapchat+ now has 3 million users, as the tech company aims to diversify its business.

At its Snap Partner Summit event, the company added that in the coming days, Verizon users will have the option to buy Snapchat+ subscriptions through the carrier’s subscription store called +play.

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Snapchat+, which launched last year for $3.99 per month, has been a key part of the company's efforts to expand its revenue beyond digital advertising, which is struggling as some brands cut marketing budgets amid concerns about the economy.

The number of subscribers for Snapchat+ indicates the company is seeing success at a time when social media platforms are increasingly seeking to charge users for certain features.