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posted on 28 September 2017

Snapchat Has 173 Million Daily Users

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-- this post authored by Felix Richter with commenary by Econintersect

Snapchat now has 173 million daily active users, an increase of about four percent on the previous quarter.

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In its important home market of North America, Snapchat only managed to gain four million new users while in Europe, it added only two million. That, coupled with Snap's widening losses, leaves the company not only behind analysts' expectations but also behind the competition. Instagram stories currently boasts 250 million active daily users.

Infographic: Snapchat Has 173 Million Daily Users | Statista You will find more statistics at Statista.

Note added by Econintersect:

The problems discussed by Felix above have been reflected in the stock valuation. The price has been cut in half since the IPO earlier this year.


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