Mark Zuckerberg reveals that the number of monthly users of Threads has reached ``just under 100 million'', and sales will increase by 23% in the third quarter of 2023
At Meta's 2023 Q3 financial results briefing announced on October 25, 2023, CEO Mark Zuckerberg revealed that Threads is on the verge of reaching 100 million monthly users.
Meta - Meta Reports Third Quarter 2023 Results
Meta's Threads app has almost 100 million users, says Mark Zuckerberg - The Verge
https://www.theverge.com/2023/10/25/23932473/mark-zuckerberg-threads-100-million-monthly-users-earnings
Mark Zuckerberg: Threads has 'just under' 100 million monthly active users
At an October 25th financial results briefing, Mr. Zuckerberg reported that the number of monthly users of Threads, which is considered a rival to X (formerly Twitter), has reached just under 100 million. In the announcement, he said, 'We're now three months into Threads' launch and we're very happy with its trajectory. We're now at the point where we're focused on growing our community even further. People seem to like Threads so far.'
Threads became a hot topic as it was downloaded over 100 million times in just one week after its release, but it has since calmed down and users are reported to have decreased by 82% in the following month.
On the other hand, under Elon Musk's ambition to make X a 'super app', the SNS that was once popular as Twitter is in limbo, and Threads, which is attracting attention as a migration destination, has lost many 'power users' from X. The Wall Street Journal reported that they were successful in pulling it out.
'I've thought for a long time that there should be a billion-person public conversation app that's a little more forward-looking,' Zuckerberg said. 'If we keep doing this for a few more years, we have a good chance of achieving our vision.' 'I think so,' he said, expressing confidence in further expanding the number of users.
Threads isn't the only bright spot for Zuckerberg. Meta's sales for this fiscal year were approximately $34.1 billion (approximately 5.12 trillion yen), significantly exceeding the approximately $27.7 billion (approximately 4.16 trillion yen) in 2022, an increase of 23% compared to the same period last year. .
The number of monthly users using Meta's SNS has reached a record high of 3.96 billion, and the boom in SNS is supporting the company's performance. On the other hand, Reality Labs, which handles Meta's virtual reality (VR) and augmented reality (AR)-related business, continues to struggle, and Meta has announced that it will continue to work toward 'continuing product development efforts and further expanding the ecosystem.' We expect the investment to significantly increase our operating loss year-over-year.'
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