https://www.cnbc.com/2018/01/09/daily-beast-snap-users-spend-more-time-on-app-than-instagram.html

While Snap has gotten crushed in the public markets since its IPO last year, a new report suggests that users of the app may spend more time on it than they do on rival Instagram.

The Daily Beast reviewed Snap's "confidential" metrics from April to September 2017. Snap disclosed in its third-quarter earnings report that it had 178 million daily active users, which includes people who create content, look at content and use other features like Discover.