Tuesday, August 7, 2018
Snapchat shrinks by 3M users to 188M despite strong Q2 – TechCrunch
The Stories War has officially killed Snapchat’s growth, leading to its first user count decline ever. In Q2 2018 earnings today, Snapchat’s daily active users number shrank 1.5 percent to 188 million this quarter, down from 191 million and positive 2.9 percent user growth last quarter. Snapchat did beat earnings expectations with $262.3 million in revenue and a loss of $0.14 while Wall Street 
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