Snapchat crosses over 750 mn monthly active users

Snapchat has crossed over 750 million monthly active users, its parent company Snap announced on Friday.

Snap CEO and co-founder, Evan Spiegel, made this announcement at the company’s “Investor Day”.

“With 375 million daily active users (DAU) reported on January 31, we have now grown DAU by +15 per cent year-over-year for 13 consecutive quarters,” the company said in a statement.

In a blog post, the company said that at the current growth rate, “we see a path for Snapchat to reach over 1 billion people in the next two to three years.”