Sharp drop in Snapchat downloads

According to a new report in the New York Post, Snapchat has not yet surpassed the slowdown in growth in the number of users of the Snapchat application officially announced by the company in the first quarter results of 2017.

According to the source, the number of downloads has increased by 6% in the last two months compared to the first quarter of the year, but on an annual basis, the decline in downloads up to 22% compared to the same period last year The source adds that the number of downloads for iPhone phones specifically fell more than 40% .

The report says competitors such as Instagram, Facebook and others have copied the most important features of the application and this is one of the reasons for the slow arrival of new users despite the comments of CEO Ivan Spiegel, which played down the importance of it.

Snapchat has not commented on these reports but will disclose its second quarter results soon.




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