Snapchat Crosses 400M Users, Sees Revenue Growth in Q3

24 Oct 2023

Snap Inc. has published its latest performance update, showing a steady increase in active users, and a return to positive revenue growth. Though signs of what’s coming next for the app remain unclear, due to rising costs and increasing ad industry pressures.

First off, on users. Snap’s daily active user count rose to 406 million, up 12% year-over-year.