Company Info

URL: https://www.snapchat.com/

Founded on: September, 2011

CEO: Evan Spiegel

Headquarters: San Francisco, CA

Employees: 330 as of August, 2015

Snapchat Statistics

Total Number of Monthly Active Users:

300 million+

Last updated: 1/22/17

Total Number of Daily Active Snapchat Users:

100 million

Last updated: 1/22/17

Percentage of US Social Media users that Use Snapchat:

18%

Last updated: 1/9/17

Number of Snaps Created Everyday (Photos & Videos):

1 million

Last updated: 1/22/17

Average Time Spent per User on Daily Basis:

25-30 minutes

Last updated: 1/22/17

Percentage of Daily Reach (18-34 Years old)  in the US:

41%

Last updated: 1/22/17

Amount Snapchat has raised:

$1.8 billion

Number of Snapchat users who upload photos:

65%

Number of Snapchat Daily Video Views:

More than 10 billion

Last updated: 1/22/17

Snapchat Demographics

• 71% of Snapchat users are under 34 years old.
• Roughly 70% of Snapchat users are female.
• 30% of US Millennial Internet Users use Snapchat regularly.
• Ireland is the top country for Snapchat Usage based on percentage of usage by adults in each market.
• 50% of Male College students share selfies on Snapchat, the number is higher in Female college students. 77% to be precise.
• 45% of Snapchat users are aged between 18-24.
• Snapchat reaches 11% of Total US Digital population.
• More than 25% of UK Smartphone users are on Snapchat, in Norway the number goes up to 50%.

Snapchat Financials

• Snapchat generated $3.1 million in 2014, for a company valued at $20 billion this is far from being profitable.
• Snapchat lost $128 million in 2014 and the only revenue they generated was only in last few months of 2014.
• Snapchat’s largest expenses, aside from payroll, came from $47 million spent on product and $13.7 million for “outside services.”
• Snapchat is valued at $15 billion the last time it raised money.
• Snapchat has filed for an IPO that could value the company at $25 billion.

Fun Facts

• More than 400 million Snapchat stories are created per day.
• It would take you 10 years to view all the photos shared on Snapchat in the last hour.
• By the time you’d viewed those, another 880,000 years’ worth of photos would have been shared.
• More than 20,000 photos are shared every second.