Snapchat’s Coronavirus-Led User Growth Slowed Down Sooner Than Expected

HIGHLIGHTS Snap forecast 242 million to 244 million daily users in current quarter Daily users rose 17 percent to 238 million in the second quarter Revenue from ad sales jumped about 17 percent to $454.2 million Snap said on Tuesday a bump in user growth at the start of coronavirus-led lockdowns petered out sooner than
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