Snapchat sees users and revenue rise, but not as much as forecast

Snapchat's user base has grown by 17% to 178 million in the last year.

The number of people who use Snapchat daily has grown by 16% to 178 million in the past year, the social app's parent company said.

In reporting its latest financial results, Snap Inc revealed daily active users had climbed from 153 million compared to this time in 2016.