In the second quarter of 2019, the number of Snapcat users increased to 203 million. This is evident from the quarterly data released by the parent company Snap on Tuesday.
Growth is 6.8 percent compared to the first quarter of 2019. At that time, the social media still used 190 million people.
With this, Snap overcame the decline in the number of active users one year ago. In 2018, the number of Snapchat users decreased from 191 million in the first quarter to 186 million at the end of December.
Snapchat has 64 million users in Europe. North America is the largest market with 83 million active users. The remaining 56 million users are located in other parts of the world.
In addition, traffic increases, while net loss is decreasing
Sales revenues rose to $ 388 million in the first quarter of 2019 (just over 348 million euros). This is a fifth more than in the first quarter, when Snap earned $ 320.4 million.
The net loss amounted to more than 255 million dollars. In the first quarter of this year, it exceeded 310 million, which is a 17.8% decrease.