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Snap says it now has 500 million monthly active users – Axios

The company is looking to transform from a social network to a camera company that caters to developers.

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Snapchat on Thursday debuted a slew of new products and user metrics for things like games and augmented reality lenses that have been built using Snapchat’s developer tools.
Why it matters: It’s an important milestone in Snapchat’s transformation from a social network to a camera company that caters to developers.
By the numbers: Speaking to an audience of hundreds of thousands of developers and partners virtually at Snap’s third annual Snap Partner Summit, Snap provided user metrics for several…

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