Among all the other social media platforms, Snapchat is now the upper hand containing 319 million daily users. However, this is the first time for this company to overpower the others. There is a 20% growth for 5 consecutive quarters in the usage of the app for a year. Snapchat reported $1.3 billion in revenue with a net income of $22.6 million just in the 4th quarter of the year 2021.
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