San Francisco: Social media platform Snapchat is growing faster than Facebook and Twitter and in its latest quarterly report, the platform said it grew its daily active users (DAUs) 18 per cent to 332 million (year-on-year). While Facebook (now Meta) had reported its first loss in the number of DAUs last quarter, Twitter’s monetizable DAUs […]
The revenue increased 66 per cent (YoY) to $770 million and average revenue per user increased 36 per cent (YoY) to $2.74, according to Snap, the parent company of Snapchat.
