Report: Instagram's $20B ad revenue outpaced YouTube in 2019; Spotify buys Bill Simmons' The Ringer as podcast consumption soars; Snap's revenue surges 44% to record $561M; EMarketer: Voice shopping is growing more slowly than expected
Significant quarterly growth reflects Snap's efforts to appeal to advertisers with new ad formats, though the company warned of possible losses in early 2020.
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