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During its third-quarter earnings call on Tuesday, Snap Inc. (NYSE:SNAP) highlighted strong growth in daily active users and promising early results from its new ad formats and “Simple Snapchat” layout. What Happened: During the earnings call Snap’s CEO and co-founder Evan Spiegel, said that the daily active users on the platform have increased to 443 million, with significant engagement in international markets. He went on to talk about “Simple Snapchat,” a major redesign focused on improving user experience through streamlined navigation and easier content discovery. Announced at the company…

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