3 1000000 Daily Active Users Dumps Snapchat; Where Did They Go?
Snap Inc, the bring upward companionship for Snapchat revealed few days agone that the pop multimedia messaging platform lost a whooping 3 meg daily active users. This agency that Snapchat's full daily users right away stand upward at 188 million, equally they facial expression upward a tough battle alongside Instagram, particularly equally the latter keeps copying features from Snapchat.
This is ane major argue for the reduction inward users equally Instagram has e'er been on the cervix of Snapchat, imitating what the companionship does together with sometimes fifty-fifty doing it better. However, the CEO of Snap together with founder of Snapchat truly blamed the redesign of the app for the reject inward daily users. The redesign of the app did non sit down good alongside users, together with hence much together with hence that a petition was signed for the one-time UI to last returned.
Aside from Snapchat, Snap besides generates revenue from selling video-recording sunglasses called Spectacles.
Meanwhile, during the 2d quarter that spanned from Apr to June, Snapchat trounce Wall Street estimates inward both its revenue together with loss inward shares.
This is ane major argue for the reduction inward users equally Instagram has e'er been on the cervix of Snapchat, imitating what the companionship does together with sometimes fifty-fifty doing it better. However, the CEO of Snap together with founder of Snapchat truly blamed the redesign of the app for the reject inward daily users. The redesign of the app did non sit down good alongside users, together with hence much together with hence that a petition was signed for the one-time UI to last returned.
Aside from Snapchat, Snap besides generates revenue from selling video-recording sunglasses called Spectacles.
Meanwhile, during the 2d quarter that spanned from Apr to June, Snapchat trounce Wall Street estimates inward both its revenue together with loss inward shares.