Snapchat beats Facebook to become most-searched app on iOS App Store

  • Evan Spiegel led social media company Snapchat Inc. has abled to reach the milestone as the most searched app on iOS App store.
  • The company provides its user with a new way of messaging and connecting with other socially through “snaps”.
  • The young company, founded in 2012, went public earlier this month. Last year it posted the loss of $515 million.
  • Though the stock price of snap was a bit down this week, even then it abled to maintain itself as the most searched app on iOS app store, a media report said.
  • According to Snapchat, 158 million people use the service each day and create 2.5 billion “snaps” between them.
  • According to the reports, Instagram is placed second as per users every day after Snapchat while Facebook and YouTube are in the third and fourth spot respectively.
Source: http://bit.ly/2nAK1LS

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