Snap loses 3 million daily users in Q2, but beats revenue expectations

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(Reuters) — Snap Inc’s Snapchat app unexpectedly lost users in the second quarter, the company said on Tuesday, likely adding fuel to investor fears about slowing growth in the social media sector. Daily users fell to 188 million from 191 million in the prior quarter, which could heighten investor anxiety about how competition and priva…Read More

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