Snapchat acquired mobile search and recommendation app Vurb for a reported $110 million. Why Snapchat was interested in a mobile search app at all is what makes the purchase interesting, states The Next Web, which added, in part:
“It’s no secret that Snapchat is growing. After initially turning down a $3 billion acquisition bid from Facebook in 2013, Snapchat has grown to a reported 150 million daily users and a valuation north of $20 billion. It also passed Twitter this year in daily active users.
“But still, Snapchat has problems.
“The most oft-heard gripes center on a confusing interface that makes it difficult for new users to get up and running. Once they start to sort out the navigation issues on a not-at-all intuitive platform, the users are left to fend for themselves when it comes to finding people to follow — which might be the biggest problem of them all considering Snapchat’s user experience lives and dies based on the accounts you follow.
“To top it all off, Snapchat is still fiddling with revenue streams. Put simply, as big as it has become, the idea that it’s invincible is a bit far-fetched at this point.
“The acquisition of Vurb could change all that.”