Kylie Jenner Wiped Out More Than AED4.5 Billion Of Snapchat's Market Value In ONE Single Tweet
She barely uses Snapchat after the controversial update!
Kylie Jenner is one of the most popular celebs on Snapchat but she, like everyone else, is not getting behind the app's latest controversial update.
For the uninitiated, we recently told you about how Snapchat rolled out a new feature that had everyone completely SHOOK.
It was meant to help users distinguish between their friends and brands, but instead, ended up creating a lot of confusion
YA ALLAH PLEASE DONT LET MY SNAPCHAT GET UPDATED pic.twitter.com/WjtK5kppmM— فاطمة (@faa6mah_) February 7, 2018
So, like most of us, Kylie was over Snapchat and revealed that she doesn't use the app anymore
sooo does anyone else not open Snapchat anymore? Or is it just me... ugh this is so sad.— Kylie Jenner (@KylieJenner) February 21, 2018
Turns out the makers of the app might be kicking themselves because as soon as the tweet went out, Snapchat’s market value dropped by $1.3 billion (AED4.7 billion) overnight.
To give you some perspective, that's Seychelle's entire GDP!
As per the reports, the stocks of Snap, which is Snapchat’s parent company, closed at $17, down from $19 and the loss accounted for was 7.3% of its market value.
She later, however, tweeted a follow-up saying she still loves snap
still love you tho snap ... my first love— Kylie Jenner (@KylieJenner) February 21, 2018
Of course her fans now hope that Snapchat is listening
We hope they reverse this new feature, which is its "worst update" till date
Worst update ever— AboodFalasi_ (@Abood__af) February 22, 2018