Snapchat Denies Paying Kylie Jenner To Post First Picture Of Baby Stormi After Her Tweet Causes $1.7 Billion Stock Devaluation

A British newspaper is reporting that Snapchat is denying claims that the company paid Kylie Jenner to post the first photo of baby Stormi on its social media platform following a disparaging tweet she made about Snapchat caused its stock to lose $1.7 billion in value.

According to the Daily Mail, suspicions arose by some — including gossip blogger Perez Hilton — that Snapchat may have provided some financial incentive for the 20-year-old  “Keeping Up With the Kardashians” star to post the baby pic on Snapchat.

RELATED: Kylie Jenner Shares First Photo Of Baby Stormi’s Face

Jenner sent Snapchat stock tumbling when she issued a tweet indicating that she barely used the app anymore.

The Mail reports that Hilton tweeted, “Sources tell me Snapchat PAID Kylie Jenner to post this first clear photo of her daughter’s face on their app! Smart of both of ’em.”

However, the newspaper also reports that Snapchat “has since denied paying Kylie to Mirror Online.”

RELATED: Kylie Jenner’s Tweet Drops Snapchat’s Market Value By $1.7 Billion

In any case, Jenner appears to have fallen back in love with Snapchat, using the app to share this adorable video of Stormi.

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Stormi Webster👼🏼 (Posted 3/3/18)

A post shared by Kylie Jenner News (@kyliesnapchat) on

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Hollywood’s Baby Boom Continues


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