Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Twin Cities
Tampa Bay news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa Bay
Charlotte news in your inbox
Catch up on the most important stories affecting your hometown with Axios Charlotte
Stats from yesterday's Snap Inc. earnings call, as highlighted by Snapchat:
- 173 million people use Snapchat each day.
- 4 million net additional users in North America since last quarter.
- In Q2, users under 25 spent more than 40 minutes per day in the app, and users 25 and over spent over 20 minutes per day — strong growth in time spent.
- Daily active users create over 20 Snaps per day on average — up from 16 last quarter.
- Advertisers can reach 75% of U.S. population of 13-34 year olds with a multi-week Snapchat campaign.
- Quarterly revenue increased 153% year-over-year, to $181.7 million.
Go deeper ... Axios' Sara Fischer, "Snap stock sinks after weak earnings."