• Snapchat just announced its largest user growth in years

    12 days ago - By Engadget

    Snapchat is enjoying its highest user growth in years, according to its latest earnings report. Daily active users have increased to 293 million, which is a 23 percent growth from this time last year. That's the best Snap Inc has seen in a while; it tops the company's prior best of 22 percent, which happened four years ago. The number even tops Twitter's, which recently reported 206 million daily users in the second quarter. Overall revenue also increased by a very impressive 116 percent to $982 million, which is its strongest growth rate yet. That's faster than even that of Twitter and...
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