Snapchat sees users and revenue rise, but not as much as forecast

Snapchat sees users and revenue rise, but not as much as forecast

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Snapchat’s user base has grown by 17% to 178 million in the last year.

The social app’s parent company, Snap Inc, has also revealed its total revenue was up by 62% on the same quarter in 2016. However the figure, along with the number of daily active users, was below expectations.

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