FNB is the latest service provider to jump on the data price bandwagon. Data prices on its FNB Connect network will decrease by up…
In its third-quarter earnings report published on Tuesday, Snap Inc, Snapchat’s owner, revealed that the social network saw a 13% increase in daily active users.
This brings the total number of daily users up to 210-million.
The company saw seven million more people join its platform since the last quarter, where it welcomed 13-million new daily active users.
“Total daily time spent by Snapchatters watching Discover increased by 40% year-over-year,” the company also revealed.
Additionally, Snapchat also saw a 50% increase in revenue, suggesting that users continue to gravitate towards the platform since its Android relaunch in April.
“We delivered strong results this quarter, and we are pleased that the investments we have made are continuing to drive the growth of our community and our business,” said CEO Evan Spiegel.
Feature image: Snapchat