Snapchat shares fall 1.5 % after alleged India Poor comment

Snapchat shares fall 1.5 % after alleged India Poor comment
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Even after positive comment by Snapchat where it said it isĀ grateful to Indian users still Indian users are upset with Snap chat. Indian users are giving negative rating for snapchat o in google play store and Apple app store.

Market also reacted to this news and snapchat share fall 1.5%. It is a big change.

The legal document filed in a Los Angeles state court concerns claims made in a lawsuit filed by an employee who left the company in 2015, and Snap has said it considers the litigation to be a publicity stunt.

“This app is only for rich people. I don’t want to expand into poor countries like India and Spain,” Spiegel is alleged to have said.

 

 

 

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