SAN FRANCISCO: Snapchat, the social network popular with young smartphone users, said Thursday it has 500 million monthly active users amid surging growth in many parts of the world.
The platform, which has expanded its offerings beyond its original disappearing messages, had not previously announced a figure for monthly active users, but said last month it had 280 million daily active users.
The announcement came at parent firm Snap’s partner summit where the company unveiled new partnerships for content and shopping, and revealed new “spectacles” for developers to create augmented reality content.
The new figure, higher than any prior estimates, reflects the surge in social media use during the…
