Furthermore, Snapchat just announced the achievement of the second quarter of 2019 on Tuesday (23 July 2019). One reported that the number of users increased by 8 percent last year to 203 million.
Number presence tools The new AR, changes in the design of Android applications and expansion into various new markets, managed to spur Snapchat growth during this period.
"Growth in the community, our interactions and our revenues are the result of a number of transitions in the last eighteen months. We hope to build momentum and make significant sustainable progress in every area," Snapchat president Evan Spiegel was quoted as saying. Guard, Wednesday (7/24/2019).
Snapchat's revenue grew 49 percent in the second quarter of this year compared to the same period in 2018, which should be $ 388 million.
This achievement exceeds Snapchat's expectations for April, which estimates revenue will grow only between 28 and 37 percent from the same period last year, with results ranging between $ 335 million and $ 360 million.
(Why / Ysl)