
Snapchat Saturn deal announced: Snap looking to increase appeal to Gen Z
Snap Inc. has acquired Saturn, a social calendar app designed for high school and college students.
While financial terms of the deal were not disclosed, Snap said the majority of Saturn's team — nearly 30 employees — will join Snap as part of the acquisition.
The deal, first announced by Engadget, will see Saturn continue to operate as a standalone app, with Snap indicating plans to integrate the startup's calendaring expertise into Snapchat in 'innovative ways.'
Founded in 2018, Saturn offers a scheduling platform that allows students to manage their school timetables and see what their friends are doing in real time.
Unlike traditional calendar tools, Saturn blends social interaction with practical planning — letting users share schedules for classes, sports, meetings, and rehearsals to better coordinate daily life.
Snapchat $SNAP has agreed to acquire Saturn, "a calendar app used at thousands of high schools" - Engadget pic.twitter.com/F1DFcc6Qgi — Evan (@StockMKTNewz) June 20, 2025
Snap said Saturn is already used in a large number of US high schools, with support for 80% of them.
The acquisition, Snap added, is part of a broader effort to turn digital connections into real-world interaction — a focus that has become increasingly central to Snapchat's strategy.
The deal marks Snap's latest move to strengthen its ecosystem with tools tailored to Gen Z.
It follows other recent investments in augmented reality, messaging, and app integrations that aim to keep Snapchat relevant in a competitive social media landscape.
Saturn previously raised $44 million in a 2021 funding round led by General Catalyst, Insight Partners, and Coatue, with high-profile backers including Bezos Expeditions, Salesforce CEO Marc Benioff, Uber CEO Dara Khosrowshahi, and actors Ashton Kutcher and Guy Oseary.
Snap has not yet provided a timeline for how or when Saturn's features will begin appearing in Snapchat.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Express Tribune
2 days ago
- Express Tribune
Snapchat Saturn deal announced: Snap looking to increase appeal to Gen Z
Snap Inc. has acquired Saturn, a social calendar app designed for high school and college students. While financial terms of the deal were not disclosed, Snap said the majority of Saturn's team — nearly 30 employees — will join Snap as part of the acquisition. The deal, first announced by Engadget, will see Saturn continue to operate as a standalone app, with Snap indicating plans to integrate the startup's calendaring expertise into Snapchat in 'innovative ways.' Founded in 2018, Saturn offers a scheduling platform that allows students to manage their school timetables and see what their friends are doing in real time. Unlike traditional calendar tools, Saturn blends social interaction with practical planning — letting users share schedules for classes, sports, meetings, and rehearsals to better coordinate daily life. Snapchat $SNAP has agreed to acquire Saturn, "a calendar app used at thousands of high schools" - Engadget — Evan (@StockMKTNewz) June 20, 2025 Snap said Saturn is already used in a large number of US high schools, with support for 80% of them. The acquisition, Snap added, is part of a broader effort to turn digital connections into real-world interaction — a focus that has become increasingly central to Snapchat's strategy. The deal marks Snap's latest move to strengthen its ecosystem with tools tailored to Gen Z. It follows other recent investments in augmented reality, messaging, and app integrations that aim to keep Snapchat relevant in a competitive social media landscape. Saturn previously raised $44 million in a 2021 funding round led by General Catalyst, Insight Partners, and Coatue, with high-profile backers including Bezos Expeditions, Salesforce CEO Marc Benioff, Uber CEO Dara Khosrowshahi, and actors Ashton Kutcher and Guy Oseary. Snap has not yet provided a timeline for how or when Saturn's features will begin appearing in Snapchat.


Express Tribune
13-06-2025
- Express Tribune
Snapchat update: New tools for creators, including Timeline editor
Snapchat is stepping up its competition against Instagram and TikTok with the introduction of a suite of new tools aimed at enhancing content creation for users. On June 12, the company revealed a new Timeline Editor feature, alongside updates that will simplify video editing and improve content sharing. The Timeline Editor is a major new addition, designed to offer creators a more intuitive way to edit videos directly on Snapchat. With a chronological layout, the feature allows users to easily trim, move, and rearrange clips within their video. Once the sequence is set, creators can add effects, music from Snapchat's Sounds library, and apply other creative tools, making it simpler than ever to produce professional-looking videos without the need for third-party editing apps like CapCut. For creators seeking an easier way to compile their content, Snapchat is also introducing a new 'Create a Video' template. This feature allows users to select a few Memories, choose a song from the Sounds library, and pick a template to generate a custom compilation video. This new feature is being rolled out globally on iOS, bringing more options to Snapchat's growing content creation tools. Additionally, Snapchat is enhancing the platform's functionality by allowing creators to automatically save their public Stories to their profiles. This feature is designed to help users preserve their best moments, creating a lasting collection of memories. While this move goes against the app's traditional ephemeral nature, it offers a way for users to revisit or showcase their top Stories over time. Snapchat is also giving creators access to more detailed insights into the performance of their content. Snapseed just got an update after over a year!! It has a super fresh look, along with new tools and filters! This has been my favorite photo editing app for years. Thanks, team! — Soroush (@gabrimatic) June 12, 2025 New analytics will show creators the number of viewers who watched their public content over the last 12 days, offering a better understanding of returning viewers. Users will also be able to track the success of their Spotlight posts and public Stories, with data on total view time and which posts received the most engagement. Furthermore, Snapchat is offering insights into traffic sources, so creators can see where their views are coming from—whether it's from the Discover For You page, Following, Spotlight, Search, Chat, or Profile. Finally, Snapchat will provide creators with data on how long users are watching their Spotlight posts, as well as the average percentage of the post that users watched to completion. These new features are part of Snapchat's ongoing effort to support creators and compete with other social platforms, positioning itself as a key player in the social media space.


Business Recorder
29-05-2025
- Business Recorder
Hailey Bieber sells makeup brand Rhode to Elf Beauty in $1 billion deal
Model Hailey Bieber's makeup and skincare brand, Rhode, is being snapped up by Elf Beauty for about $1 billion, giving the budget cosmetic retailer access to a celebrity-endorsed product line that has become hugely popular among Gen Z and millennials. Elf said on Wednesday it would pay Rhode shareholders $800 million in a combination of cash and stock and an additional potential earnout consideration of $200 million subject to certain performance-related conditions. Last month, Reuters reported that Bieber was exploring a sale of the brand, which could be worth more than $1 billion. For Elf, the deal would mark a shift in strategy and expand into the prestige beauty market as the company faces weak demand from mass market customers who are being pressured by persistent high inflation. 'The Rhode deal is a bold move for e.l.f. into premium beauty at a time when the prestige side of the industry has lost some of its momentum as a result of consumers buying less or trading down,' said Sky Canaves, eMarketer analyst. However, Rhode has bucked this trend, Canaves added, with a strong Gen Z following and significant buzz around its product launches, positioning it well for a strong expansion. Elf — short for eyes, lips and face — offers products priced as low as $2 at U.S. retailers including Walmart, Ulta Beauty and Target. Dior shows Maria Grazia Chiuri's cruise collection in Rome On the other hand, Rhode — which launched in 2022 and gained popularity with TikTok viral products such as its $18 'peptide lip treatments' — sells exclusively through its own website or pop-up stores, relying heavily on Hailey Bieber's social media influence. 'e.l.f. Beauty marks an incredible opportunity to elevate and accelerate our ability to reach more of our community with even more innovative products and widen our distribution globally,' Bieber said. The company raked in about $212 million in sales for the year ended March 31 and is planning to start selling at Sephora stores across the U.S. and Canada coming this fall, followed by the UK. 'Rhode further diversifies our portfolio with a fast-growing brand that makes the best of prestige accessible,' Elf CEO Tarang Amin said in a statement. Earlier this year, Elf's shares cratered 20% after the company cut its annual forecasts and warned of weakening demand. Elf's deal with Rhode would mark its biggest acquisition to date and follows its $355 million acquisition of skincare company Natrium in 2023. Bieber will continue her role as founder and will also act as a 'strategic advisor' after the deal closes. The transaction is expected to close in the second quarter of fiscal 2026. Separately, Elf on Wednesday refrained from providing a fiscal 2026 forecast due to uncertainty surrounding import tariffs despite beating Wall Street expectations for fourth-quarter sales. The company, which sources about 75% of its products from China, down from 100% back in 2019, said last week it would raise prices by $1 to combat tariff pressure.