After the first quarter of 2020, Snapchat Messenger made the following statements:
- The number of daily active users increased by 20%;
- Profit for the first quarter increased by 44%;
- Operating cash flow increased by more than 109%.
More than 200 million people worldwide use Snapchat every month. In the United States, it has become a real phenomenon among the adolescent generation. The main feature of the application is self-destructive videos and photos, so correspondence in Snapchat creates a more sincere and trusting atmosphere for communication.