Snap rallies 7ter unveiling TikTok-competitor Spotlight

 Snap rallies 7ter unveiling TikTok-competitor Spotlight
Evan Spiegel, Snap

Getty Images for Snap, Inc.

  • Snap rallied as much as 7%on Monday after unveiling Spotlight, a new Snapchat feature set to contend with TikTok and Instagram Reels.
  • Snap will incentivize submissions with more than $1 million in daily payments through the end of the year, according to a press release

Snap skyrocketed as much as 7%on Monday after revealing a new Snapchat feature indicated to compete with TikTok and Instagram Reels.

Spotlight’s introduction brings a significant upgrade to Snapchat’s app and opens the service as much as the numerous countless people who utilize TikTok. Formerly, Snapchat users would receive content from private buddies or v

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Redak staff

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