finished the first quarter with 280 million daily users. Snap CEO Evan Spiegel shared the latest user update during his opening remarks at the company’s conference, which for the second straight year was held virtually due to the pandemic.
A few other points that stood out from Spiegel’s opening remarks include: – Snapchat users open the app 30 times per day on average – “Nearly one out of every two smartphones” in the U.S.
uses Snapchat – Snap reaches 90% of 13-24-year-olds in the U.S., U.K., France and Australia– Snapchat has grown 100% year-over-year for the last 5 quarters in India, one of the emerging markets many tech companies (and advertisers) are increasingly focused onSnapchat’s growth was a real concern for investors only a few.
Read more on thewrap.com
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