Tuesday, 7 November 2017

Snapchat plans a big redesign to attract more users

Rounding up the collection of tech companies releasing performance results this quarter is new kid on the (trading) block Snap Inc. According to its third-ever public earnings report, Snap continues to add daily active users (DAU) at a relatively slow growth rate of 3 percent. That translates to 4.5 million new users for the app, bringing the total number to 178 million. That's a far cry from the 800 million DAU on Instagram, which saw 100 million new users in less than half a year.

Source: Snap Inc


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