Attack of the clones

On Wednesday, shares in Snapchat parent company Snap closed at 10.57 $, their lowest level since the company went public with much fanfare in March 2017. It may be a coincidence, but it is certainly fitting that Facebook on the same day that Snap shares hit a new low, announced that Facebook Stories, one of many features it has copied from Snapchat, now has 150 million daily active users. Since Snapchat entered the social media scene a few years ago, it's like a common thread: Whenever a Snapchat feature proved popular with its users, Facebook copied it. What started with camera filters and stickers was particularly blatant with Snapchat Stories, a feature that Facebook unabashedly copied for all of its social media platforms - and with great success. Both Instagram Stories and WhatsApp Status have long since overtaken Snapchat in terms of daily active users, and Facebook Stories are probably next in line. You can find more infographics at Statista