Snapchat records spectacular growth in the first quarter of 2020

Snapchat recently posted its first quarterly report of the year 2020 and the least we can say is that containment succeeded rather well in the social networkl. The number of active users is above the forecasts issued by specialists, as is the income recorded by the firm.

Revenues up 44%

Success for Snapchat. With its first quarterly report for 2020, the social network reveals figures showing strong growth. First, we learn that the platform now records 11 million daily active users. As for the number of monthly active users, it rises to 229 million, which is 20% more than in 2019. Also, the average revenue per user (ARPU) was $ 2.02, against 1.87 dollars expected. In 2019 at the same time, a Snapchat user brought in an average of $ 1.68 to the company.

 

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