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  "documentTitle": "Snap Inc | Results Presentation Deck | 27 slides",
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  "notes": "The slide uses color-coded bar charts to show quarterly ARPU trends and highlights year-over-year growth percentages for each region.",
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      "text": "We define ARPU as quarterly revenue divided by the average Daily Active Users. For purposes of calculating ARPU, revenue by user geography is apportioned to each region based on our determination of the geographic location in which advertising impressions are delivered, as this approximates revenue based on user activity. ¹North America includes Mexico, the Caribbean, and Central America. ²Europe includes Russia and Turkey. Numbers throughout presentation may not foot due to rounding.",
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