No-fee stock-trading app Robinhood has announced the acquisition of media company MarketSnacks. The product has been relaunched as Robinhood Snacks, and it offers a financial news podcast and newsletter. According to Robinhood's VP of Product, Josh Elman, Robinhood Snacks offers "digestible" and quick to follow financial news. The bite-sized updates designed to keep investors in the loop will include a three-minute long newsletter and a 15-minute daily podcast.
John Elman believes the addition of Robinhood Snacks is a natural development for Robinhood--the company has already expanded market news coverage as well as added discovery tools to help investors make informed decisions and learn about the market.