By Sheila Dang

April 28 (Reuters)Snap Inc SNAP.N will roll out new features to make it easier for brands to create augmented reality shopping experiences on its Snapchat app as well as a flying camera, the company said on Thursday at its annual presentation to showcase new technology.

The Santa Monica, California-based company announced the pocket-sized camera called Pixy, which can fly a few feet above its owner to take photos and videos before landing in the palm of the hand, in a renewed push to grow its hardware business. Pixy will cost $230 and will be sold in the United States and France, Snap said.

The theme for Snap’s Partner Summit was “Back to Reality,” reflecting the company’s focus over the past few years on augmented reality (AR), a type of technology that enhances photos, videos or the experience of the real world with computerized images.

“We believe there’s a tremendous amount of opportunity to build tools … that are connected to what we see in front of us,” Bobby Murphy, co-founder and chief technology officer at Snap, said in an interview.

The company is also rolling out a new feature called “Dress Up” on Snapchat in which users can browse AR shopping filters that let them virtually try on clothing and accessories.

Snapchat now has more than 600 million monthly users globally, up from 500 million last year.

Snap warns inflation could hit revenue growth, forecasts higher users

(Reporting by Sheila Dang in Dallas; Editing by Will Dunham)

((; +1 646-983-0894))

Source: Nasdaq


Please enter your comment!
Please enter your name here