Home Lifestyle Snapchat records 203 million daily users in second quarter of 2019

Snapchat records 203 million daily users in second quarter of 2019

The second quarter of the year is already booming well for Snapchat. The messaging app has reportedly increased to a total of 203 million users per day, compared to its 190 million daily users at the end of the first quarter.

Statistics provided by the app’s parent company Snap Inc. indicates that, the app has increased revenue by 48 percent to $388 million during the second quarter of the year and had shrunk its losses to 19 cents per share for the period.

Snap CEO Evan Spiegel, spoke about the development, “We are proud of the results that our team delivered this quarter. Now that we have built a strong underlying foundation for our service, we are well positioned to continue investing in key areas like our content platform, our augmented reality platform, and our gaming platform.”

The million addition in usage is attributed to improvements made to the app and leadership changes in its administration. The feat achieved for the second quarter rounds as Snap’s strongest quarter of user growth since 2016. Spicing up the Snap good news is report that, the Discover platform where the company’s huge investments go, producing original short form programming, has grown its audience 35 percent year over year.

The good news can only mean one thing…More Snaps plus face filters everyone!

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