Science and Technology : Snapchat's first-ever decline in users could be a sign of trouble

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  1. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    Snapchat's first-ever decline in users could be a sign of trouble

    https://finance.yahoo.com/news/snap...growth-concerning-analyst-says-135752249.html

    Snap's first-ever decline in users could be a sign of trouble

    If Snap’s second-quarter earnings are any indication, Snapchat’s user growth may have flatlined.
    finance.yahoo.com

    ...“Keep in mind that Instagram is over 1 billion users, and Instagram Stories is keeping those users from switching to Snap,” Pachter adds. “That suggests that market share gains from the Instagram base are going to be difficult to capture.”

    [​IMG]
    JP Mangalindan
    Chief Tech Correspondent
    Yahoo Finance

    [​IMG]
    Co-Founder and CEO of Snap Inc. Evan Spiegel

     
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