Kulmbach (www.aktiencheck.de) – Snap share analysis by “Der Aktionär”:
Emil Jusifov from the investor magazine “Der Aktionär” takes a close look at the shares of the instant messaging service Snap Inc. (ISIN: US83304A1060, WKN: A2DLMS, ticker symbol Germany: 1SI, NYSE symbol: SNAP) in a current stock analysis.
The creators of the Snapchat photo app would strengthen their growing fashion business by buying a Berlin specialist for calculating clothing sizes. Fit Analytics’ customers would include well-known brands such as Tommy Hilfiger, Calvin Klein, and The North Face. Your software calculates the right size for a customer with the help of information on body measurements, cut and fabrics.
Fit Analytics should be continued as an independent company under the umbrella of the Snapchat operator Snap. At the same time, they will work together on online offers for the Snapchat platform, Snap announced on Wednesday.
Snapchat relies heavily on so-called augmented reality (AR), in which digital objects on the screen are integrated into the real environment. In the corona crisis in particular, brands would use this option to allow Snapchat users to try on or try on cosmetics or fashion items virtually.
Snap added that Fit Analytics will continue to work from Berlin with more than 100 employees. Initially, there was no information about the purchase price.
With the acquisition of Fit Analytics, Snap is strengthening its advertising business in the e-commerce sector. That is a good deal, because e-commerce is already an important source of income for the social network. Let profits run, advises Emil Jusifov from the investor magazine “Der Aktionär” in a current stock analysis. (Analysis from March 17, 2021)
(With material from dpa-AFX)
Please also note the information on the disclosure obligation in the event of conflicts of interest within the meaning of Directive 2014/57 / EU and corresponding EU regulations under the following link.
Snap stock exchanges:
Tradegate share price Snap share:
51,92 EUR -0,57% (17.03.2021, 17:18)
XETRA share price Snap share:
51,81 EUR -0,71% (17.03.2021, 17:12)
NYSE share price Snap share:
61,61 USD -1,00% (17.03.2021, 17:13)
ISIN Snap-Aktie:
US83304A1060
WKN Snap-Action:
A2DLMS
Ticker symbol Germany Snap share:
1SI
NYSE-Ticker-Symbol Snap-Aktie:
SNAP
Short profile Snap Inc .:
Snap Inc. (ISIN: US83304A1060, WKN: A2DLMS, ticker symbol Germany: 1SI, NYSE symbol: SNAP) is a US company. Snap Inc. is best known as the provider of the instant messaging service Snapchat. Other products include the Spectacles glasses presented in 2016.
Snap Inc.’s IPO is the largest IPO since the Chinese trading platform Alibaba went public in 2014.
Evan Spiegel and Bobby Murphy are the founders of Snap Inc. (17.03.2021 / ac / a / n)
Disclosure of possible conflicts of interest:
You can view possible conflicts of interest on the site of the creator / source of the analysis.
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