Snap's reputation as a safe haven for advertisers is paying off as companies boycott Facebook, with revenue up 17% in the second quarter

· Snap CEO Evan Spiegel has long pitched his company as the anti-Facebook, and it appears to be paying off as some advertisers that have been fleeing Facebook planned to spend more with Snap.
· Ad revenue and the number of users rose 17% in the second quarter of 2020, though user growth was down from a 20% increase in Q1.
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