Instagram Threads has reached a milestone of 130 million monthly active users, a significant increase of 30 million from the previous quarter. During the company’s fourth quarter earnings call, Meta CEO Mark Zuckerberg said Threads is experiencing steady growth.
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According to Meta, the number of threads now exceeds 130 million per month, an increase of 30 million from the third quarter. pic.twitter.com/E5ZKn5Sp1k
— oSocial Media (@o_Social_Media) February 1, 2024
Zuckerberg highlighted that Threads currently has a higher number of active users than at its peak when it was first released, indicating it has the potential to be a huge success. The statement was made during discussions with analysts.
Threads got off to an unusual start, gaining 100 million registered users in just five days after launching in July. However, over time, the initial interest in the platform gradually waned.
In the fourth quarter, Meta’s suite of apps, which includes Facebook, Instagram, Messenger, and WhatsApp, reached a staggering 3.19 billion daily users, up from 3.14 billion in previous years. I surpassed people.
As of December 31, 2023, the number of monthly active users within the Meta family reached an impressive 3.98 billion, reflecting impressive year-over-year growth of 6%.
For the quarter ending December 31, Meta recorded revenue of $40.1 billion, demonstrating continued growth in its community and business. Net income for the period amounted to $14.02 billion. Moreover, his full year 2023 revenue amounted to a staggering $134.9 billion.
During this time, as highlighted by Zuckerberg, a focus on AI and metaverse advancements has resulted in significant progress. As of December 31, 2023, the number of employees was 67,317, a decrease of 22% from the previous year.
Prior to this, Meta issued a statement declaring that Instagram Threads users can now delete their profiles without deleting their full Instagram account.
Meta’s X rival Threads has over 130 million monthly users
Zuckerberg also used Meta’s quarterly conference call to tout the company’s investments in AI, promising an AI assistant for users, creators and businesses. #India #we #thread #TechNews pic.twitter.com/TPgY3IgtkA
— Sourav Chauhan (@sourav160820) February 2, 2024
Instagram CEO Adam Mosseri said this update was made in direct response to the valuable input we received from the Instagram community. Additionally, through the Threads feature, users are also given the option to disable the ability to automatically share their posts across various platforms such as Instagram and Facebook.
Also read: Meta Threads rolls out feature that lets you delete accounts independently of Instagram.Here’s how to do it
