Does your person no longer want to hear about Snaps and only want Stories?
Do you think any other app has what it takes to crush Snapchat?
Well, it seems that the case is a little more complicated than that…
With the recent addition of Messenger Day on Facebook, taiwan phone number example Status on WhatsApp , or Snow's Story and the already classic eponymous Stories on Instagram , the decline in accesses on Snapchat seems more evident.
Millions of users are abandoning the network to return to simpler, lighter applications or those already integrated with their network of contacts.
Nearly 82% of the app's growth was fueled by the emergence of alternatives to its core functionality: posting messages (combining video, text and image) with a 24-hour expiration time.
But even with all these negative points, the launch of Snapchat's IPO caused some commotion in the market.
And, according to the report released by Snap Inc. itself , things are not going that bad.
So is the app dead? Would Instagram still be victorious in a direct dispute with Snapchat today ?
In today's article we are going to explore the subject further and try to find out if, in fact, Snapchat boots can now be uploaded.
A Brief History of Snapchat
Before jumping to conclusions, it’s crucial to understand Snapchat’s entire journey in the market.
Below we have separated some relevant data on the growth of the application and the addition of new features since 2011, when its first version was launched.
Look:
The app was launched in mid- 2011 under the name Picaboo, a picture-based messaging tool for iOS. In the same year, the app was rebranded as Snapchat and had already reached the mark of one thousand daily active users.