CEO Evan Spiegel aims to achieve full-year profitability in 2019 by betting on older users, revamped marketing, online news service Cheddar reports, citing a memo

** Co says it would also better serve emerging markets users with its forthcoming redesign of its Android app - memo

** On Thursday, analysts raised concerns over user declines and competitive threats from Instagram

** Daily Snapchat users fell for the first time in Q2 ended August

** As of Thursday’s close, SNAP shares have nearly halved in value and have traded under their $17 debut price since March