Snap reportedly developing ‘Stories Everywhere’ feature for sharing content beyond Snapchat
Snap is working on a new feature that will let users share stories outside the Snapchat app, according to a report from live streaming news network Cheddar. The feature, to be called “Stories Everywhere,” is designed to boost Snapchat’s presence beyond the core mobile app as competition with Facebook and Instagram heats up.
Since going public in February, Snap has had to deal with stagnate user growth and declining revenue, and the company suffered an abysmal third quarter this year as disappointing figures in both those departments sent shares into a dive. This is due to a number of factors, including Facebook’s ability to replicate Snap’s core features and place them in more popular and accessible products like Instagram.
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