Threads, Meta’s rival to Elon Musk’s X, has surpassed 175 million monthly active users as it nears its one-year anniversary. Launched on July 5th, 2023, Threads has grown steadily, largely due to promotion within Instagram, which shares the same account system. Despite its success, Meta has not shared daily user numbers, indicating many users are not yet regulars. Threads remains a financial loss for Meta, but there are plans to introduce ads next year. Meta CEO Mark Zuckerberg sees potential for Threads to become a billion-user app, with efforts focused on gaining market share in regions like Japan.
Read more – https://www.theverge.com/2024/7/3/24191074/meta-threads-users-mark-zuckerberg
