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Snap grows revenue and users amid coronavirus pandemic – Source CNET Tech

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Snapchat reported third-quarter earnings on Tuesday.


Angela Lang/CNET

Snap, the parent company of ephemeral messaging app Snapchat, grew its number of daily users and raked in more revenue than expected in the third quarter as more people turned to the platform to stay in touch with family and friends during the coronavirus pandemic.

Snapchat had 249 million users who logged in to the app daily in the third quarter, up 18% compared to the same period last year. 

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Source CNET Tech

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