Insta
Snap CEO Evan Spiegel
Amidst the growing popularity of social media platform Snapchat in India, the company's CEO Evan Spiegel allegedly claimed that he is not interested in expanding the platform's user base in 'poor countries like India and Spain'.
Soon after Variety published the alleged comment, the app's ratings on Google play store witnessed a sharp decline, a 4.4 to a 3.6 rating. Furthermore, the number of one-star rating by the users shot up from 39,102 to 192,906 in just 24 hours.
According to the information on App Store, the ratings of the current version of the app was single star (based on 6,099 ratings) and all versions rating was one and half star (based on 9,527 ratings) as on Sunday morning.
Following backlash regarding Spiegel's recent remark on expansion in India, the company’s attorneys rubbished claims while stating that no such remark was made. Denying an employee's claims of Snapchat being termed as a 'rich people's app', he said the 'disgruntled employee fired for poor performance'.
"The simple fact is that he knows exactly nothing about Snap's current metrics. He and his lawyers are - not to put too fine a point on matters - just making things up," said the attorneys, as reported by Variety.
The CEO had, while discussing the expansion plans in a meeting, allegedly dismissed an employee's concern of the slow growth rate of the app in India, stating that it was only meant for the 'rich people'.
With inputs from ANI
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