Snapchat now has 249m daily active users and booming AR usage
Posted on: 21 octobre 2020, by : Stuart Dredge

In our latest Music Ally report, we examined how Snapchat had bounced back from a worrying-looking flattening of its user growth in 2018. That bounceback is continuing, judging by parent company Snap’s financial results for Q3 2020.
Snap said that Snapchat ended the quarter with 249 million daily active users (DAUs), up by 18% year-on-year. It also means that Snapchat added 11 million net new users in Q3 alone.
Not that this is helping it make a profit yet: Snap’s revenues grew by 52.1% year-on-year to $678.7m, but it still recorded a net loss of just under $200m.
The post Snapchat now has 249m daily active users and booming AR usage appeared first on Music Ally.
Source: Music ally

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