App data implies Snapchat user growth slowdown as analysts say Instagram's replication is 'bearing fruit'

Snapchat is facing a lull in user growth according to app download data which claims that downloads of the app have decreased by 22% year-on-year worldwide.
The figure comes from app monitoring firm Sensor Tower, which has pinpointed data from the first two months of the second quarter and compared the number to Snap's downloads from the same period in 2016. 
Snapchat's user retention has been a hot topic for investors and onlookers alike since the company went public in