According to the company, about 203 million people use Snapchat daily on average
Snapchat's decline follows similar trends reported by Facebook and Twitter
This feature may boost the app usage after it hit its slowest growth rate ever last quarter
Snapchat on April Fools' Day had trolled Facebook by introducing a filter that makes it appear as if a Russian bot has liked your post
In recent months, the company lost several top executives and cut 7 percent of its staff in a reorganization
This third round of layoffs came after Snap cut the jobs of a couple dozen employees across its hardware and recruiting divisions in 2017
The company said it sees savings of about $25 million in 2018
On a Year-on-Year (YoY) basis, Snap grew much faster during the period, with Daily Active Users (DAUs) surging 17.7 per cent
The British colorectal surgeon used Snap's high-tech spectacles a year ago to walk rookie physicians and millions of curious viewers through a hernia operation using the Snapchat photo-sharing app
Snapchat gives 'a look back at 2017' with lat 'year in review' feature
User growth in the last three months was well below what investment analysts expected
However, researchers found that the interest and popularity of Snapchat goes beyond just its simplicity
Users embraced Snapchat as a way to share the insignificant, silly, mundane, or simply less polished moments of everyday life
Google had held informal dialogue with Snap and floated an offer
Trading volume was 0.3 times the stock's 10-day moving average
Police depts have taken to social media to spread awareness about the new feature
You can choose to share your location with friends or stay out of the map with Ghost Mode
Company also saw Q4 growth slipping to its lowest in the past two years
Investors are closely watching for whatever might keep Snap distinctive & give it a competitive edge
Cheap talk and signals such as burning money affect fate in both IPO and online dating markets