This is how many daily active users Snapchat added in the last three months
The platform’s parent company Snap said it attracted 210 million daily active users in its latest quarter, up 13 per cent year-over-year.
More snapchatters using the Discover tab and an increase in the number of Lenses created by people helped drive the the firm’s results.
Advertisement
Hide AdAdvertisement
Hide AdRevenue for Snap reached £346m in the three months to the end of September, an increase on the £300.9m from the previous quarter.
The company continued to operate at a net loss but edged a step closer to profitability, with losses shrinking to £176.5m this period, compared to £198.1m the three months before.
Snapchat has recently added a number of new features as it takes on the likes of Instagram, including a 3D camera mode and a third generation of its camera-enabled Spectacles.
Chief executive Evan Spiegel said: “We delivered strong results this quarter, and we are pleased that the investments we have made are continuing to drive the growth of our community and our business.
Advertisement
Hide AdAdvertisement
Hide Ad“We are a high growth business, with strong operating leverage, a clear path to profitability, a distinct vision for the future, and the ability to invest over the long term.
“We are excited about executing on the many opportunities in front of us.”