As of July 2021, the platform has 293 million daily active users-a growth of 23% year on year. And like Shakira’s hips, the Snapchat stats don’t lie. Snapchat is a visual social media platform where users can share fleeting pictures and videos.Īfter launching in 2011 and releasing the Stories function in 2013, Snapchat has grown to become one of the top social media platforms in the world. Bonus: Download a free guide that reveals the steps to create custom Snapchat geofilters and lenses, plus tips on how to use them to promote your business.