Wednesday, July 24, 2019

Snap Sees Daily Active Users Increase In Q2

Santa Monica-based Snap Inc., the parent company of Snapchat, says its daily active users (DAU) increased by 8 percent year-over-year, to 203 million users. The social media and communication software developer announced the numbers in its second quarter 2019 financial results . Snap's revenues grew to $388M in Q2 of 2019, with a net loss of $255M for the quarter.

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