Instagram snaps Snapchat’s hold on millennials

Stories are dead. Long live Stories. Instagram announced earlier this week that its Stories feature has over 200 million daily users. As my colleague Napier pointed out, that’s at least 40 million more than Snapchat’s last reported number. I think we can safely say Instagram and Facebook have Snapchat beaten. 158 million active users is nothing to sneeze at, but it’s worth noting that Snapchat’s meteoric growth slowed considerably when Instagram Stories rolled out. For an app that’s never turned its parent company a profit, any dip in user activity is probably not a good thing. Trust us, we’re pretty tired…

This story continues at The Next Web

Or just read more coverage about: Instagram,Snapchat


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