Exclusive: One large platform is the problem, not all of Big Tech, says Snap CEO

Evan Speigel, chief executive of Snap, said in an interview with ET that the company has seen strong growth in India over the past few years and now reaches 100 million people in the country, its second largest market after the US.

He also spoke about the reasons behind the company’s dramatic turnaround since 2017, the ubiquitous Stories format that Snapchat pioneered, the ongoing controversy around Facebook, and Apple’s recent privacy changes, which caused Snap’s shares to plummet 25% last Thursday.