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May 10, 2017

Snapchat hits a disappointing 166M daily users, growing only slightly faster

 Snap’s growth rate increased just a little in Q1 2017 — a bad start to its first quarterly earnings report since going public. Snap hit 166 million daily active users at a growth rate of 5 percent, compared to the 158 million DAUs it had in Q4. Snap shares fell more than 24 percent in after-hours trading as investors fled, seeing its long-term potential diminished by its growth… Read More

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