New data suggests that the highly-anticipated web launch of Meta Platforms Inc.’s (NASDAQ:META) Threads, which took place last month, has failed to generate significant growth in its user base.
What Happened: The release of Threads’ web app was met with high expectations, as users had long been clamoring for a fully functional web version of the popular Twitter, now rebranded as X alternative.
However, the latest data paints a discouraging picture for the platform, reported TechCrunch, citing Similarweb.
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Existing Users Making the Shift: In the U.S., the launch led to a ...