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Snap inc (SNAP) Q2 2021 Earnings Call Transcript


Snap inc (SNAP) Q2 2021 Earnings Call Transcript
Motley Fool Transcribers
© The Motley Fool
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Snap inc (NYSE: SNAP)
Operator
Good afternoon, everyone, and welcome to Snap Inc. s Second Quarter 2021 Earnings Conference Call. [Operator Instructions] Thank you very much.
Betsy Frank, Senior Director of Investor Relations, you may begin.SPONSORED:
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This Week in Apps: Google I/O hits and misses, Snap goes shopping, Parler returns to App Store

This Week in Apps: Google I/O hits and misses, Snap goes shopping, Parler returns to App Store
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This Week in Apps: Google I/O hits and misses, Snap goes shopping, Parler returns to App Store – TechCrunch


This Week in Apps: Google I/O hits and misses, Snap goes shopping, Parler returns to App Store
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy.
The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American watches 3.7 hours of live TV per day, but now spends four hours per day on their mobile devices. ....

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Snap brings partner-centric Layers to its social map used by 250 million people – TechCrunch


Snap brings partner-centric Layers to its social map used by 250 million people
Snap wants users to get a more personal view of the world around them.
While products like Google Maps and Apple Maps have long-relied on data partners to juice the quality of their contextual insights, Snap is hoping it can give users a more hands-on approach to mixing and matching third-party tie-ins to its Snap Map product, allowing users to build a view of their geographic surroundings tailored to their interests.
The new product announced today at the company’s Snap Partner Summit is called Layers and it allows users to add data from some of Snap’s chosen developer partners directly to their map so they can see the world in a very particular view. ....

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