Snapchat has a diverse user base of 26 million in the U.S., predominantly aged 13-25, with a significant growth in daily snaps from 6 million to 150 million within a year. The document outlines ten features of Snapchat, including photo/video editing tools, chat messaging, and unique filters, emphasizing the app's distinct interface and user engagement. It also includes business tips for leveraging Snapchat to connect with younger audiences and enhance brand creativity.