FB - Facebook Can't Crush These 3 Resilient Social Networks
Facebook (NASDAQ: FB) is often considered the 800-pound gorilla of the social networking market . Its family of apps -- which includes its main app, Instagram, and WhatsApp -- grew its monthly active users 14% year over year to 3.21 billion last quarter. Facebook also shares a near-duopoly with Alphabet 's Google in the digital ad market.
However, several major social networks are still growing in Facebook's shadow. Let's take a closer look at three of them, how they withstood competition from Facebook, and what that resilience means for Facebook's long-term prospects.
Image source: Facebook.
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Facebook Can't Crush These 3 Resilient Social Networks