Snapchat Added Four Million Users in Q1 2019, Daily Active Users Increased to 190 Million

Follow Us

Photo-messaging app Snapchat added four million new users in the first quarter of 2019, registering revenue of $320 million -- up 39% (year-over-year) -- thus beating the Wall Street estimates. Snapchat's daily active users (DAUs) were 190 million -- up two per cent from 186 million in the previous quarter but down from 191 million in Q1 2018. "In the first quarter we delivered strong results across our business with growth in daily active users and revenue," CEO Evan Spiegel said in a statement late on Tuesday.




"Our new Android application is available to everyone, with promising early results," he added. The new app is 25% smaller, opens 20% faster on average, and is modularised for more efficient ongoing innovation.

As of March, Snapchat ads reached 75% of the US consumers in the age group 13-34 -- more than Facebook-owned Instagram. The company announced ten new Snap original shows which will begin airing in May.

"We've enhanced Discover's high quality, made-for-mobile video offering across the Snapchat platform. In Q1 2019, nearly half of our daily Discover viewers watched Discover every day of the week," said the company.

It now offers more than 450 premium content channels worldwide. "As we look towards the future, we see many opportunities to increase our investments, and will continue to manage our business for long-term growth," Spiegel noted.

Recent Comments

Anonymous :

In line with Airtel's ?49 plan that offers 20GB of data for the same duration.

Jio Brings New Rs 49 Plan

Faraz :

Yes.. Corruption and arrogance is in the core of this organisation since beginning.. & Now even gov wants everything to…

BSNL's Operating Profits Signal a Positve Future

Mrs Mithilesh :

BSNL DoT aur ITS ka gulam hai, BSNL ke executives aur staff ki halat gulamo aur kutto se bhi battar…

BSNL's Operating Profits Signal a Positve Future

TheAndroidFreak :

Till BSNL doesn't make 5Mhz of band 1/28/8 live across country, it doesn't make sense. Vi is far better operator…

Vodafone Idea Tests Vi AirFiber with Multiple Partners

Faraz :

In my experience. Airtel 4G went down to 20-30 Mbps where it used to 50-70 Mbps on b3+b40 CA. Jio…

5G Users Consuming 3.6 Times More Data than 4G Users…

Load More
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments