Snapchat Reaches 750 Million Monthly Active Users
18 Feb, 2023
Snapchat is one of the most popular social media apps in the world, and the company recently announced that it now has 750 million monthly active users. This news came during an investor presentation by Snap Chief Executive Evan Spiegel.
The announcement of Snapchat's new user milestone comes in the wake of the company's recent quarterly earnings report, which was less than stellar.
The report revealed that current quarter revenue could drop by as much as 10 percent due to weak advertising demand. Despite this, Snapchat is still growing in popularity and has added more than 250 million users since April 2019.
Snapchat is also investing in new features and services to retain users and bring in new ones. These include Snap Games, which are interactive games that can be played on the app, and the Snap Map, which allows users to explore the world around them.
There are also a number of other new features that Snapchat is working on, such as an improved search function and better tools for creators.
Snapchat has come a long way since its launch in 2011, and the company continues to grow and evolve. With 750 million monthly active users, the app is now one of the most popular social media platforms in the world.
Despite some recent struggles, Snapchat is still a powerful force in the industry and is continuing to develop new features and services to keep users engaged.
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