The parent of Snapchat, Snap, has come out with the latest earnings report, were they saw an increase in both users and improved revenue outlook.
During the the company’s third quarter, Snapchat saw an increase of 11 million daily activities, which made a total of 249 million users overall.
Despite a growth stall earlier this year, Snap’s overall growth has seen nothing but growth. Due to the pandemic and subsequent lockdown, more and more people turned to the internet for entertainment, which allowed the company to gain around 20 million more daily activities this year.
For more information, check out the full post over at Social Media Today.