Snapchat reached 160 million daily users, earned $400 million in revenue last year

Snapchat parent Snap Inc is gearing up for its IPO. The company is set to make a filing soon (maybe even today!) and some leaked stats show that while the company has been doing well with regards to the amount of money that is flowing in — the user base on the has been witnessing rather sluggish growth.

Reportedly, Snapchat has reached a total of 160 million daily users. This number if true, points to a growth of merely 10 million users over the 150 million user base the company was...

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