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Meta’s Threads App Surpasses 130 Million Users, Boosting 4th Quarter Results

On Thursday of this week, the company “Meta” also shared its results of the previous quarter, which were generally better than the 3rd quarter of 2023. This is also confirmed by the rapid increase in the number of users of the company’s latest project “Threads”. “Meta” revealed that the number of active users of the app now reaches 130 million, which is 30 million more than in the 3rd quarter.

Threads is one of the many new projects that have emerged since Elon Musk bought microblogging site X in October 2022. The app became available in Europe only five months after its launch – in mid-December – which also largely explains its rapid increase in the number of users in the last quarter of the year.

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Meta also revealed that its apps: Facebook, Instagram, Messenger, WhatsApp and Threads had a total of nearly 4 billion monthly active users in the last quarter of the year, slightly more than in 2023. . in the quarter.

In terms of the overall financial situation, Meta’s revenue in the 4th quarter of 2023 reached $40.1 billion, while net profit was $14 billion. Despite the loss of more than four billion dollars, “Meta” virtual reality department “Reality Labs” experienced its best quarter.

2024-02-03 11:00:00
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