Facebook isn’t the only emerging video-sharing behemoth that YouTube needs to be wary of, according to a report from Bloomberg on Thursday. The report, which Snapchat has confirmed to be accurate, says that Snapchat users watch about ten billion videos through the app every day, which is two billion more than what Bloomberg reported back in February. It’s hard to say how that number compares to Facebook and YouTube’s daily views, due to how secretive the two are when it comes to that kind of stuff, but it’s safe to say that Snapchat has become a major player in the video-sharing market.