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Kylie Jenner asks who uses Snapchat anymore, company loses $1.3 billion market value

WION Web Team
Delhi, IndiaUpdated: Feb 23, 2018, 08:28 AM IST
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Snap lost about $1.5 billion in market value on Thursday (February 22), following Kylie Jenner's tweet criticizing a Snapchat redesign. Photograph:(Reuters)

For people who think reality star Kylie Jenner's social media fan following has suffered owing to her pregnancy-hideout period are in for a shock. 

The social media influencer cum cosmetic brand giant tanked Snapchat's market value with just a single tweet on February 22. 

Taking to Twitter, Kylie shared what seemed a harmless tweet questioning who uses Snapchat any longer? 

She wrote: "sooo does anyone else not open Snapchat anymore? Or is it just me... ugh this is so sad."

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Following the tweet, Snapchat's parent company Snap Inc lost some $1.3 billion in market value. Snap Inc.'s shares tanked by over six per cent in Thursday trading, a loss of about $1.3 billion in market capitalization.

She continued tweeting and soon wrote how she loves the platform, but by then the damage was already done. 

She wrote: "still love you tho snap..my first love."

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Kylie gave birth to a daughter this month which announced her coming back to social media. 

This was what she posted to announce the birth of her daughter, Stormi:

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