Vine has 1.5 billions use its site every month, delivering over over 100 million "loops" per day. According to comScore, Vine unique visitiors in June, was similar to that of Snapchat, which is valued at $16bn. Vine has similar features to Snapchat and its short videos allow users to watch it on small-screen devices, including the Apple Watch. Vine currently doesn't generate any revenue but its more popular users create sponsored Vines, many of which are brokered by a talent agency, Niche, which Twitter acquired earlier this year.
Vine has over 100 million use its site every month, delivering over 1.5 billions "loops" per day. According to comScore, Vine unique visitiors in June, was similar to that of Snapchat, which is valued at $16bn. Vine has similar features to Snapchat and its short videos allow users to watch it on small-screen devices, including the Apple Watch. Vine currently doesn't generate any revenue but its more popular users create sponsored Vines, many of which are brokered by a talent agency, Niche, which Twitter acquired earlier this year.