Snapchat (SNAP) is building a search platform in which the items you look up will be redirected to Amazon. A feature that they will be calling “Eagle.”

Snapchat is also working on a visual search, where if you hold down the screen you can search songs, items, places, etc. The search digs into Amazon, Shazam, and other Snap partner’s data bases.

This is a much needed move for Snapchat as they had a 385 million loss last quarter as opposed to their top competitors Facebook (FB) and Twitter (TWTR).

Amazon Chart

Amazon moved up 1.1 percent in today’s trading session

snap chart

Snapchat down 2.3% in today’s trading session.

 

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