Kylie Jenner 'sooo over' Snapchat - wiping £1 billion off its value

Snapchat responds to petition calling for update to be reversed

Kylie Jenner's Snapchat Tweet Loses The Company $1billion Of Its Market Value

It isn't just the rank and file of Snapchat's users who have expressed frustration with the new direction the app has taken.

In fact, her klout is so high that just two tweets about Snapchat (trading as Snap Inc) saw the company's stock plummet by $1.3bn.

The reality TV star posted on Wednesday: "sooo does anyone else not open Snapchat anymore? Or is it just me.", she asked her 24.5 million followers.

"Still love you tho snap", Jenner hedged in a later tweet.

Snapchat has said its redesign is here to stay, in spite of a petition from more than 1.2 million users begging the company to reconsider and celebrities such as Kylie Jenner abandoning the platform.

Fear not, Snapchat hears our cries: "We hear you, and appreciate that you took the time to let us know how you feel", they said in a response released on Thursday.

Shares in Snap - the app's parent company - closed 6% down on the USA stock market after Jenner's post, which was in reference to a controversial recent redesign of the photo sharing app.

The 20-year-old tweeted disapproval of the redesign of the company's video messaging app Snapchat, calling it 'so sad'. Also, now that Kylie isn't on Snapchat as much, should we expect more content on her Instagram Stories?

The company explained the update was meant to make it "easier to connect with people you care the most", but revealed a new update will be coming in the next few weeks.

The next day, Snapchat felt that sadness as their stock dropped significantly.

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