Snapchat follows Facebook - loses 3 million users

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Snapchat follows Facebook - loses 3 million users

Aug 10, 2018 14:40 IST

Snapchat lost 3 million active users last quarter - the first time since the company went public in 2017. This follows a similar trend to Facebook and Twitter which are struggling to retain active users. Despite the dip in users, Snapchat recorded a 44% jump in revenue at $262 million.

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