Snapchat usage is spiking amid coronavirus lockdowns. The photo and video sharing app saw a 20% spike in daily active users in the first quarter of 2020 compared to the same period last year, for a total of 229 million users, parent company Snap said.
San Francisco Snapchat's resurgence continues, with global lockdowns due to the coronavirus outbreak leading to a spike in usage.
The photo and video sharing app saw a 20% spike in daily active users in the first quarter of 2020 compared to the same period last year, for a total of 229 million users, parent company Snap said Tuesday while announcing its first quarter earnings. Snap's stock surged around 20% in after-hours trading. The company said the coronavirus outbreak has led to increased interaction between Snapchat users in recent weeks.
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