#Buy sell snap stock price series

At the same time, Meta’s discovery-based model allows users to receive targeted ads without searching.Īmazon cut a similar deal with Pinterest in April, aiming to create more shoppable content by improving its relevant products and brand offerings. The collaboration is designed to play to the strengths of both parties – Amazon can better help sellers find customers. The company recently teamed up with Meta to allow Instagram and Facebook users to link their accounts to Amazon and provide a seamless shopping experience.

#Buy sell snap stock price series

Amazon Targets Social Media Platforms to Enhance Shoppers’ Experienceįrom Amazon’s point of view, the collaboration with Snap is the latest in a series of similar deals the e-commerce giant has with social media platforms. Join our Telegram group and never miss a breaking digital asset story. The report showed a noteworthy resurgence in advertiser numbers on smaller platforms like Snapchat. Meanwhile, the deal also comes at a good time for Snap, which reported better-than-expected revenue and user growth in the latest quarter. “For the first time, customers will be able to shop Amazon’s Facebook and Instagram ads and check out with Amazon without leaving the social media apps.” – Amazon’s spokesperson told PYMNTS. Also, the users can see all relevant product details, including real-time pricing, delivery estimates, and Prime eligibility. The deal will let customers purchase directly from Amazon’s ads without leaving the Snapchat app. The deal is similar to the one Amazon already has with Facebook owner Meta Platforms (NASDAQ: META), underscoring the growing trend of consumers shopping through social media platforms. Snap’s shares rose 6.55% ahead of the Tuesday market open.

Amazon to Let Snapchat Users Make Direct PurchasesĪccording to The Information, Amazon and Snapchat struck a deal allowing users to purchase certain products listed on Amazon directly from the social media app. Specifically, Snap and Amazon (NASDAQ: AMZN) started a collaboration allowing Snapchat users to buy Amazon products within the app. Snap (NYSE: SNAP), the social media company that owns Snapchat, saw its stock price rise on Tuesday premarket after reports of a new deal with Amazon. Please consult our website policy prior to making financial decisions. Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice.