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Snap solely added four.5 million new users within the quarter, up 3% from the earlier period to 178 million day by day active customers. Tencent acquired one hundred forty five.8 million shares of non-voting stock on the open market within the third quarter, in accordance with Snap’s quarterly report. Tencent had previously invested in Snap, and recently picked up a 5% passive stake in Tesla value about $1.seventy eight billion.

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