2 days agoSnapchat has 173 million active users
Periskopi(9 years ago)
(9 years ago)Snapchat has 173 million active users per day, a figure that increased by 4% compared to the previous three months. In the U.S. Snapchat grew by 4 million new users, while in Europe, by only 2 million. This increased losses by leaving the company far away from the expectations of analysts, but also the competitors. Instagram Storys [...]
In the U.S. Snapchat grew by 4 million new users, while in Europe, by only 2 million. This increased losses by leaving the company far away from the expectations of analysts, but also the competitors.
Instagram Stories has 250 million users active. During the week, Snapchat reported income below expectations, sending one more stake in the company downstream.
But executives are confident they will succeed and promised not to sell the company's shares. Facebook, the company's worst rival, has promised to be the end of Snapchat.
