Daily Active Users

20 Amazing Instagram Statistics Small Business Owners MUST See

The age-old saying ‘a picture tells a thousand words’ definitely bares truth on Instagram. This incredibly simple photo and video sharing network is …

Social Media

Tencent-backed news app Qutoutiao files for U.S. IPO

Chinese news/video app Qutoutiao has filed for its initial public offering in the United States, with a placeholder raise of $300M.<p>The company is …

Business

Snapchat’s struggles continue with 3M lost users in Q2

Social media platform Snapchat has been in a rough spot over the past few months, with its latest earnings report revealing that the company has lost …

Social Media

PUBG Hits 100 Million Downloads On Mobile

PUBG is incredibly popular on PC and console, and the mobile version is crushing it as well. Developer PUBG Corp. and publisher Tencent announced that the mobile version has crossed 100 million downloads just four months after releasing in March. The number is actually much bigger than that, as it …

Mission Impossible

Tencent Enjoys Big Q2, Bringing In Over $11 Billion

Tencent, the Chinese company that owns a little bit of practically everything in the gaming world, released its Q2 financial statement yesterday. …

Tencent

PUBG Mobile surpasses 100 million downloads since launch

PUBG Mobile has been downloaded over 100 million times on both iOS and Android devices since first launching about five months ago. ...

Game Development

‘PUBG Mobile’ Hits 100 Million Downloads and 14 Million Daily Active Users Outside China and Here’s How That Compares to ‘Fortnite’

It has been interesting seeing how both <i>PUBG Mobile</i> (Free) and <i>Fortnite</i> (Free) have been performing on iOS and Android since they hit mobile. While …

Gaming Industry

Tencent -8.7% after first profit drop in 10 years

Tencent (OTCPK:TCEHY) is 8.7% lower premarket after a surprising Q2 earnings report that brought its first profit decline in 10 years.<p>That comes …

Business

Tencent reports decrease in PC and mobile revenue despite rising DAUs

Tencent has released its financial report for the second quarter ended June 30, which shows an overall increase in revenue across the board despite …

Game Design

Analyst: Facebook is the 'most appealing risk-reward' stock in tech

Valuations for big technology names have become "reasonably robust," except for Facebook, RBC's Mark Mahaney says. On July 26, Facebook plunged more …

Social Media

Today’s Research Reports on Stocks to Watch: Snap Inc. and Facebook

<b>NEW YORK, NY / ACCESSWIRE / August 13, 2018 /</b> Facebook may be heading towards its own blockchain work after executive David Marcus resigned from …

Social Media

Snapchat Sees First-Ever Decline In Users Despite Increase In Revenue

Though <b>Snapchat’s</b> new user rate has been declining in recent months, it has never experienced an actual loss of users… until now. In the company’s …

Apps

Social Networks Can’t Afford to Lose Too Many Friends

Facebook, Twitter and Snapchat are still valued for their fast-growing ad businesses, so an additional slowdown in users could hurt the stocks further<p>...

Social Media

Snapchat expands Shoppable AR to its top creators

In late June, Snapchat opened native commerce to top creators like Kylie Jenner. Now, the platform is letting creators go beyond using “Shop now” …

Nicki Minaj

Snapchat Sees Its First-Ever Decline in Users

Snapchat's daily active users declined from 191 million to 188 million in the past quarter. While the CEO blames the app redesign, Facebook pulls …

Social Media

Good news: Facebook's web traffic has dropped by almost half in the last two years

A new study revealed that monthly page visits to the user-hostile social media site Facebook have dropped from 8.5 billion to 4.7 billion since …

Social Media

Facebook is closer to being another Yahoo than another Amazon

Something big is happening in social media, and investors in social-media companies can't make up their minds what it is.<p>Facebook's daily active …

Social Media

初のユーザー数減少。Snapchatの存在感、急激に薄まる

カイリー・ジェンナーも言ってたもん。<p>Snapchat(スナップチャット)といえば若者の象徴。10代はみんな使ってるマスト・アプリ。というのはもう<b>過去の話</b>。今年にはいって、急激にその存在感が薄くなっています。第2四半期収益報告にて、<b>Snapchat史上初となるユーザー減少</b>が明らかになりました。<p>元凶はデザイン<p>今年初め、ユーザー数ピーク時には1億9100万人いたデイリーユーザーですが、6月末までに<b>300万人を失う</b>結果に。Snap</b> …

Social Media

3 takeaways from Snapchat losing millions of users

Snapchat attracted social media users with its vanishing messages—but now it’s users that are disappearing.On Tuesday, the company reported its first …

Social Media

Snap's disappearing...use

Brent Thill, Jefferies analyst, and Aaron Kessler, Raymond James analyst, discuss the future of Snap as shares fall following its latest earnings …

Social Media

Snapchat Loses 3 Million Daily Users But Gains 44 Percent Revenue

Snapchat reported their second quarter financial results for 2018 on Tuesday and the results are mixed.<p>The social media platform increased their …

Social Media

Snapchat Has Lost 3 Million Daily Users in the Past 3 Months

The first time the user number has ever fallen.<p>With Snapchat‘s parent company Snap Inc. announcing its results for the second quarter of 2018, the …

Daily Active Users

Snapchat loses 3 million users despite Q2 revenue growth

The parent company of Snapchat posted revenue of $262.3 million for Q2 2018, but the app lost 3 million daily active users over the quarter.<p>Snap Inc, …

Advertising

Slack Nears Close of Financing Round at $7 Billion Valuation

Slack Technologies Inc. is in the process of raising hundreds of millions of funding at a roughly $7 billion post-money valuation, according to people familiar with the matter.<p>General Atlantic and Dragoneer Investment Group are among the new investors expected to participate in the round, the …

Venture Capital

Some Snapchat source code leaked on GitHub; removed after all-caps DCMA takedown notice

Some of Snapchat’s source code was posted on GitHub, apparently obtained when the company messed-up an update to the iOS app back in May …<p>Snap quickly filed a Digital Millennium Copyright Act (DMCA) takedown request, filling out a standard form provided by GitHub for the purpose.<p>Snap appeared to be …

Technology

Snapchat Stock Has a Problem

Snap stock falls again after another rough quarter. The shrinking Snapchat user base is the culprit.<p>It's not easy being a <b>Snap Inc.</b> (NYSE:SNAP) …

Markets

Saudi Arabian prince snaps up a $250m stake in Snap for 2.3 per cent

Snap caught a second-wind after posting its results last night, when Saudi Arabia's Prince Alwaleed bin Talal tweeted that he has invested $250m …

Social Media

Snapchat Made $262 Million During Q2, Lost 3 Million Daily Active Users

<b>Snapchat</b> has some good news and some bad news. Its second quarter earnings exceeded expectations, but its user base has sustained a 3 million daily …

Social Media

Snap shock as daily active user numbers fall by 2%

Snap, the parent company of Snapchat, has hit a turning point after suffering its first reversal in daily active users of its flagship app – the …

Social Media

Weibo Stock Wavers Despite Earnings Beat, Growing User Base

China-based <b>Weibo</b> (WB) reported second-quarter earnings before the market open Wednesday that edged past analyst estimates. Weibo stock initially …

Stock Markets