The buzzy app beat out social networking heavyweights such as Instagram and Vine on Apple's App Store, according to App Annie. June 26, 2013 10:36 AM PDT (Credit: Steve D./Foursquare) Ephemeral photo-sharing hit Snapchat ascended to the top of Apple's App Store to become the most downloaded non-game application in May, according to data from App Annie, which indexes application rankings each month. The application, which lets people send their friends photos and videos that vanish within seconds, beat out notable heavyweights in social networking to achieve the top ranking on the App Store. YouTube, Google Maps, Vine, and Instagram ranked second through fifth respectively in May, according to the App Annie Index. Top Apps by Monthly Downloads Excluding Games, iOS May 2013 (Credit: App Annie) With games included, Snapchat is currently ranked ninth overall in terms of iOS downloads, an App Annie spokesperson told CNET. The app also ranks thirteenth on the Google Play Store in terms of downloads. Related posts Snapchat founders reportedly pocket $20M from funding deal Snapchat snapshot: App counts 8M adult users in U.S. Snapchat grabs $60M after worth valued at $800M Though App Annie does not report actual download numbers, Snapchat's top iOS ranking hints at why investors felt comfortable valuing the Los Angeles-based company at $800 million, despite its lack of revenue. The application also sees 200 million "snaps" -- aka photo or video shares -- each day, which makes it a force to be reckoned with in the fierce photo-sharing space where Facebook still maintains an edge with 350 million photo uploads per day. Earlier this week, 2-year-old Snapchat announced that it snapped up $60 million in new funding. Co-founders Evan Spiegel, 22, and Bobby Murphy, 24, were reportedly able to negotiate an additional $20 million just for themselves through a secondary offering.

Posted by : Unknown Wednesday, June 26, 2013

The buzzy app beat out social networking heavyweights such as Instagram and Vine on Apple's App Store, according to App Annie.



June 26, 2013 10:36 AM PDT




Ephemeral photo-sharing hit Snapchat ascended to the top of Apple's App Store to become the most downloaded non-game application in May, according to data from App Annie, which indexes application rankings each month.


The application, which lets people send their friends photos and videos that vanish within seconds, beat out notable heavyweights in social networking to achieve the top ranking on the App Store. YouTube, Google Maps, Vine, and Instagram ranked second through fifth respectively in May, according to the App Annie Index.



Top Apps by Monthly Downloads Excluding Games, iOS May 2013


(Credit: App Annie)

With games included, Snapchat is currently ranked ninth overall in terms of iOS downloads, an App Annie spokesperson told CNET. The app also ranks thirteenth on the Google Play Store in terms of downloads.



Though App Annie does not report actual download numbers, Snapchat's top iOS ranking hints at why investors felt comfortable valuing the Los Angeles-based company at $800 million, despite its lack of revenue. The application also sees 200 million "snaps" -- aka photo or video shares -- each day, which makes it a force to be reckoned with in the fierce photo-sharing space where Facebook still maintains an edge with 350 million photo uploads per day.


Earlier this week, 2-year-old Snapchat announced that it snapped up $60 million in new funding. Co-founders Evan Spiegel, 22, and Bobby Murphy, 24, were reportedly able to negotiate an additional $20 million just for themselves through a secondary offering.



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