Snapchat Reaches 750 Million Monthly Active Users
- Feb 16, 2023
Snapchat's Investor Day is underway, and the company has made its biggest announcement yet - it now has 750 million monthly active users. This is a huge jump from the 600 million it reported in April 2020, and it reveals a new perspective on the app's growth and reach.
Snapchat's daily active user (DAU) count has been increasing on a regular basis and is currently sitting at 375 million, according to its most recent report. This means that the app now has exactly double the amount of daily users compared to its monthly users. The company is continuing to grow and expand its user base, and its latest announcement is further evidence of this.
Snapchat has also revealed that its users are engaging with the app more than ever, spending an average of 30 minutes per day on the platform. This shows that the app is still popular among its users and is a testament to its success. Additionally, the company has revealed that its users are creating more content than ever before.
The company has also announced plans to increase its focus on e-commerce with its new “Shop” feature. This feature allows users to purchase products directly from the app, and it is expected to be a major driver of revenue for the company in the future.
Snapchat's Investor Day has been a big success, and the company has revealed some impressive numbers. With 750 million monthly active users and an average of 30 minutes per day spent on the platform, it's clear that the app is still popular with users and is continuing to grow. Additionally, the company's focus on e-commerce with its new “Shop” feature could help drive revenue in the future.