Snap Inc. disclosed that it now has more than 750 million monthly active users and is on track to become the fourth social networking platform to surpass 1 billion users.
At the business’s annual investor day, Snap went over a number of growth statistics as well as the user figures. With 500 million MAU in April 2021 and 600 million in April 2022, Snap has experienced significant growth. To reach the 750 MAU milestone, Snap added 150 MAUs in just nine months. In the next two to three years, according to Snap, Snapchat will reach more than 1 billion users at its current growth rate.
Comparatively, Instagram has 2 billion monthly active users, Facebook has 2.96 billion, and TikTok has about 1 billion. Pinterest Inc., with 450 million users, and Twitter Inc., with about 368 million, follow Snapchat in popularity.
Read More: Snap passes 750M active monthly users, predicts 1B in 2-3 years
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