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Snap's India ad push; Indian VCs chase the US AI boom
Happy Wednesday! Snap India boss Pulkit Trivedi said the platform is seeing a sharp spike in advertiser adoption. This and more in today’s ETtech Morning Dispatch.
Snap flags ad revenue hit from Middle East conflict, slower North America growth
Snap experienced a decline in advertising revenues during the first quarter, largely impacted by ongoing tensions in the Middle East and a slowdown in growth within North America. In addition, Snap has chosen to part ways with AI partner Perplexity. However, …