Snapchat slips in Q1 to its slowest user growth rate ever, shares fall 15%

Snapchat face-planted in its Q1 2018 earnings report amidst a rocky redesign and sustained competition from Facebook, unable to keep up its comeback from last quarter. Snapchat reached only 191 million daily active users, up from 187 million, with its growth rate sinking to 2.13 percent — its slowest ever, compared to 5.05 percent in … Continue reading Snapchat slips in Q1 to its slowest user growth rate ever, shares fall 15%