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Snap just reported a record surge in users.

Jul 24 2019

Snap just reported a record surge in users.After making improvements to the app and some executive leadership shakeups, the company has reported a 7% spike in Snapchat’s daily user base. That translates to 13 million more users that advertisers will want to reach, dismissing last year’s rumors of the app’s demise. Snap’s revenue is also rising ahead of projections, jumping 48% over the same time last year, which they’re using to fuel more original content production as they dabble in social media TV. (WSJ)