Snapchat was recently valued at $16 billion and 71 percent of users are younger than 25. On the network, users can see daily stories from media brands including National Geographic and CNN. "Adweek has been writing frequently about brands on Snapchat if you want some inspiration and Reel SEO did a wrap up of consumer brands using Snapchat effectively," according to an article on Short Stack.
This infographic from Webpage FX compares the growth of Snapchat with that of Facebook, Twitter and Instagram. The big take away? Snapchat has grown really, really fast in terms of users. But it hasn't created any revenue. What will that mean for the continued growth and success of the social network? Either something is about to change to create a significant revenue stream or else it won't be around for long.