Snapchat hits a disappointing 166M daily users, growing only slightly faster

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Wednesday, 10 May 2017

Snapchat hits a disappointing 166M daily users, growing only slightly faster

Wednesday, 10 May 2017 by Muhammad Ifzal

Snap’s growth rate increased only slightly in Q1 2017 — a bad start to its first quarterly earnings report since going public. Snap hit 166 million daily active users at a growth rate of 5%, compared to the 158 million DAUs it had in Q4 when it hit a 3.2% growth rate. Snap’s year-over-year growth rate continued to slip, falling to 36% year-over-year from 48% in Q4. Snap… Read More