Rihanna’s criticism of Snapchat sees company lose almost $1bn
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- Category : Snapchat
Snapchat then issued an apology, saying that the advert “is disgusting and never should have appeared on our service”. Now, CNN has pointed out that the controversy has led to a 6 percent dip in the company's stock – wiping off around $800 million from its market value (as of Friday, March 16).