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The platform became the world's fastest-growing app when it launched after hitting 100 million users in just five days. Zuck said last week the X rival now has more than 175 million monthly active users. In a recent interview with Platformer, Threads and Instagram boss Adam Mosseri said the aim was still overtaking X. In April, Sensor Tower estimated Threads had averaged 28 million daily active users in the US, while X averaged 22 million. An Instagram add-onWhile Meta still backs Threads to overtake X, the platform still very much exists alongside Instagram.
Persons: , Zuckerberg's, Zuck, Elon Musk's, Musk, Adam Mosseri, Mosseri, Meta's Adam Mosseri, Justin Sullivan, Zuckerberg, Paul Carter, Carter, Instagram Organizations: Service, Zuckerberg's Twitter, Business, Twitter, Elon, Financial Times, Meta
But the new analyses could be warning signs for Trump Media, whose business depends in large part on growing its user base. Truth Social users were down 19.7% year over year, according to Similarweb. Truth Social users on average check the site fewer than two days a week — falling behind apps like Facebook, X, TikTok, Reddit and Pinterest. Truth Social users also clock fewer minutes of engagement on the platform that do the users of other social media networks. "Compared to other social media platforms, Truth Social users are accessing the app much less frequently and are spending much less time on it per session," the firm's CEO, Dr. Paul Carter, told CNBC in an email.
Persons: Dado Ruvic, Donald Trump's, , Similarweb, Trump, Similarweb's, David Carr, Carr, Michael M, Paul Carter, Carter, Donald Trump, Jim Watson Organizations: Reuters, Social, Trump Media, White, Trump, CNBC, Securities and Exchange Commission, SEC, Nasdaq, Trump Media & Technology Group, Santiago, Getty, Truth, Facebook, Republican, AFP Locations: U.S, Similarweb, New York City, South Bronx
Temu may have better deals than Amazon during Prime Day. Prime Day shoppers may find lower prices on Temu. On Temu, it seems like every day is "Prime Day." Temu added nearly 10 million new daily users this year and now has about 16.5 million users, Intelligence firm GWS found. The firm also saw a decline in Amazon's daily app from 54 million to 46 million users daily.
Persons: isn't, Temu, GWS, Jason Del Rey, Paul Carter Organizations: Prime, Reuters, Amazon, PDD Holdings, Bloomberg, Intelligence, Bank of America, Walmart Locations: GVM
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