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Snap is rallying after a report reveals it may be 'siphoning away' younger users from Facebook (SNAP, FB)

Business Insider Monday, 12 February 2018
Snap is rallying after a report reveals it may be 'siphoning away' younger users from Facebook (SNAP, FB)**

· *Snap shares were rising on news that it was taking younger users away from Facebook, according to the marketing firm eMarketer.*
· *Still, Facebook was adding total monthly users, though mostly from an older cohort.*
· *Snap is poised to add more users this year than ever given its new app redesign.*
· *Watch...
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News video: Facebook is losing young users to Snapchat even faster than expected

▶ Facebook is losing young users to Snapchat even faster than expected 01:04

Younger users continue to increasingly leave Facebook in favor of a platform they feel they have greater control over: Snapchat. (Feb. 12, 2018)

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