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Transcripts For BBCNEWS Asia Business Report 20170511

Publication next week. It includes plans to nationalise parts of the Energy Industry shares in the company that owns flat chat plunge. And we going to link to some advice from one of singapore s most unusual entrepreneurs. It is a thursday, everyone. Good morning, asia and hello, world. What a crash shares in snap, Parent Company of snapchat have fallen over 20 in after hours trading on wall street. This pitfall comes after they reported losses of over 2 billion us in its first quarterly results. What happened after its redhot share sale in march . Earlier our correspondent told us how it went from being a Market Darling to being shunned by investors. In the latest earning reports snapchat has grown by Less Tha N Earning Reports Snapchat has grown by less than 5 which is not enough to keep anyone happy. Revenue has not been high enough and, like you said, they had a huge loss. So while that was big hope that they could provide competition to facebook in the future on this early evidenc

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