Updated
Updated · Bloomberg · Jun 16
Threads Reaches 500 Million Monthly Users 3 Years After Launch
Updated
Updated · Bloomberg · Jun 16

Threads Reaches 500 Million Monthly Users 3 Years After Launch

3 articles · Updated · Bloomberg · Jun 16

Summary

  • 500 million monthly users now use Threads, Meta said Tuesday, putting the app halfway to Mark Zuckerberg’s stated goal of building a 1 billion-user Twitter rival.
  • 3 years after its 2023 launch, the short-form social network has also increased daily active users from a year ago, according to Threads head Connor Hayes, who gave no specific figure.
  • That growth claim cuts against external estimates that had projected Threads’ user base was declining, suggesting Meta’s platform has held stronger momentum than outside trackers indicated.
  • Threads was launched shortly after Elon Musk acquired Twitter, and the latest milestone underscores Meta’s progress in building a large-scale competitor in social media.

Insights

With a projected $11.3B revenue, when will Threads share ad profits directly with the creators who are building its platform?
Threads has 500M users, but can its 4-minute sessions ever challenge X's deep engagement and real-time news dominance?