Snapchat reportedly generates 10 billion daily video views

Snapchat reportedly generates 10 billion daily video views

May 6, 2016

With 10 billion videos viewed each day, the amount of such content viewed by Snapchat subscribers is up 25% from the 8 billion videos watched every day just two months ago.

As SunTrust Robinson Humphrey analyst Robert Peck pointed out in a research note to clients, people are using photos and videos to replace speech instead of augmenting a conversation, making it the most used App between teenagers

Snapchat, currently has more than 100 million users. As of February, users were spending 25 to 30 minutes a day on the site with 60% of them creating messages or Stories.

And it is worth mentioning that although the growth in the value of the app has slowed down a bit, the last round of financing for Snapchat was completed at a valuation of $16 billion. Three years ago, the app was worth just $800 million.

Source: Phonearena


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