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Snapchat hits 265M daily active users, India growth market

Spiegel said that the company has evolved Stories over time to embrace new formats like Shows with total time spent watching Shows increasing nearly 70 per cent year-over-year in 2020.

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This picture has been used for representational purposes

This picture has been used for representational purposes

Despite the cut-throat competition coming from the Facebook family of apps, Snapchat has added 16 million daily active users in the fourth quarter of 2020 to reach 265 million users -- up 22 per cent year-over-year -- and India has once again proved to be its high-growth market.

OnePlus India created Lenses for Diwali as a means to bring people together safely during a pandemic. "Their Lenses garnered over 80 million impressions and reached over 14 million Snapchatters in India. Overall, the campaign was highly successful and drove a 9 point lift in both ad awareness and a 7 point lift in message awareness," said Snap CEO Spiegel.

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