Snapchat has caught up with Facebook in the arms race for video views, revealing that users of the service now watch 8bn videos on the app each day.
The social powerhouse emerged as a serious contender in the video space last year, when it revealed its views had tripled to 6bn between May and November 2015. Now, it’s gained ground on its rival, according to chief executive Evan Spiegel who shared the new figure with an audience of investors on Monday.
Spiegel also revealed that the image-sharing app’s 100-million strong user base, spend an average of 25 to 30 minutes using Read full story ›
Source: The Drum
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