Snap has not been exempt from the havoc COVID-19 has wreaked960年代のポルノ映画 musyuusithe economy. However, the company's first quarter earnings report on Tuesday proved that it might weather the storm just fine.
Snap reported that in the first quarter of 2020, its Daily Active Users (DAUs) reached 229 million, a 20% increase compared to Q1 of 2019. The way people are using the platform has also grown: time spent on Discover has increased 35% in the last year, and people created more than 4 billion snaps each day on average (in 2018, that number was 3 billion).
While Snapchat attributes those numbers, as well as positive statistics about revenue and cash flow to investments in product development, distribution partnerships, and more, Snapchat also said that it has seen increased use numbers in the timeframe and areas most affected by coronavirus. It reported that "communication with friends increased by over 30% in the last week of March compared to the last week of January, with more than a 50% increase in some of the geographies that were most impacted."
As Mashable has previously reported, Snapchat has been actively rolling out resources, content, and even pretty dang cute stickers to help its community stay informed about coronavirus.
“We are grateful for the opportunity to serve our community and partners during this difficult time,” Evan Spiegel, Snap's CEO, said in the company's statement. “Snapchat is helping people stay close to their friends and family while they are separated physically, and I am proud of our team for overcoming the many challenges of working from home during this time while we continue to grow our business and support those who are impacted by COVID-19.”
Over the past year, Snapchat has been rebuilding positivity around the business (and its finances) since its controversial redesign and competition from Instagram tanked users, and its stock price, in the years after its 2016 IPO. It has seen tempered but steady growth worldwide. This quarter, it even exceeded the market's expectations. Predictions that Snap's emphasis on curated information (over Facebook and Twitter-style free-for-alls), advertiser appeal, and just the fact that it's regularly churning out content during a time when people want to watch things more than ever, may be coming true.
Still, Q1 earnings might not reflect the full toll coronavirus has taken on Snap and the economy as a whole. The earnings slideshow concludes: "Given uncertainties related to the ongoing COVID-19 pandemic and the rapidly shifting macro conditions, we are not providing our expectations for revenue or Adjusted EBITDA for the second quarter of 2020."
Gulp.
Topics Snapchat Social Media COVID-19
The Phantom Menace, 1942
Gift idea for teens: Save 31% on the Canon Ivy 2 Mini Photo Printer at Amazon
GTA 6 release date may be closer than you thought — preorders reportedly launch soon
Best Cyber Monday Roomba deals at Amazon 2023
Owner of Historic Wintersburg Property Planning to Sell
Wordle today: The answer and hints for November 28
Cyber Monday streaming deal: 15% off Disney+ gift cards
NYT's The Mini crossword answers for November 28
Manzanar Committee Supports Memorial at Tuna Canyon Camp Site
80+ Cyber Monday Apple deals: AirPods Pro are $169
Ties That Bind — Looking Back and Looking Ahead for the Nikkei Community
Google announces top apps and games of 2023 on Google Play
Best music streaming deal: Get a free 3
How to watch NMSU vs. Liberty football livestreams: kickoff time, streaming deals, and more
Up and Ready
NYT's The Mini crossword answers for December 1
Best TV deal: Get a Samsung The Frame QLED 4K smart TV for under $900
iOS 17.2 beta 4: 5 new features coming to your iPhone
George Chen Running for Torrance City Council
How to watch NMSU vs. Liberty football livestreams: kickoff time, streaming deals, and more
Herediano vs. LA Galaxy 2025 livestream: Watch Concacaf Champions Cup for freeSeattle Sounders vs. Cruz Azul 2025 livestream: Watch Concacaf Champions Cup for freeA worthless juicer and a Gipper-branded serverKeeping Hope AliveAgainst FearWhat's new to streaming this week? (March 7, 2025)NYT Connections hints and answers for March 6: Tips to solve 'Connections' #634.NYT Connections hints and answers for March 5: Tips to solve 'Connections' #633.Best Beats Deal: Save $150 on Beats Studio ProBreville Barista Express deal: 27% off at Amazon The Dunce Party BYD suppliers reportedly dissent over latest price cut request · TechNode NYT mini crossword answers for May 29, 2025 Today's Hurdle hints and answers for May 30, 2025 Save $90 on the Sonos Era 300 smart speakers at Amazon in May 2025 Anker UFO 3 Talking Tom AI robot to launch before lunar new year · TechNode WhatsApp announces new Instagram Alibaba's DingTalk platform announces Hong Kong launch · TechNode SF Holding lists on Hong Kong Stock Exchange · TechNode
0.22s , 9972.4296875 kb
Copyright © 2025 Powered by 【1960年代のポルノ映画 musyuusi】Enter to watch online.Snapchat users and time spent in Discover soar during quarantine,Global Perspective Monitoring
