Snap CEO Says Only 3% of Snapchat Users Pay for Subscriptions— He Thinks That's Actually Good News
Snap CEO Evan Spiegel sees major subscription upside as fewer than 3% of users pay, driven by AI tools and premium features.
Snap's leader thinks it's great that only 3 out of 100 users pay for extra features right now, because that means lots of room to grow those numbers in the future. When a company sees a tiny group paying and thinks it's an opportunity, it shows they believe more people will want to pay soon.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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