This Is The Top Of The Market
Part of our series with L2on 17 February, 2017 at 06:02
Loser: Snap. Despite the hype around their upcoming IPO, we still think the company is a loser.
Winner: Amazon, which actually makes more on ad sales than Snap and is also growing its fulfillment business.
Winner: Tinder. With nearly 2 million paying subscribers, the app has convinced millennials not only that they need to use an app to find love, but also that they have to pay for it.
Loser: Virtual reality. Just three years after buying Oculus, Facebook is closing many of its pop-up stores due to poor performance.