Meta's Threads Crosses 10M Users Milestone In 7 Hours, Beats ChatGPT's Record For Fastest To 1M Users
Portfolio Pulse from Rounak Jain
Meta Platforms Inc.'s latest app Threads has become the fastest app to cross the 1 million users mark, beating ChatGPT's record. Threads reached the milestone in one hour and crossed 10 million users in seven hours. The app's rapid growth may have been fueled by recent decisions by Elon Musk that made Twitter inaccessible to millions of users.
July 06, 2023 | 1:39 pm
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POSITIVE IMPACT
Meta's Threads app has seen rapid user growth, potentially fueled by recent disruptions on Twitter. This could positively impact Meta's user engagement and potentially its stock price.
The rapid user growth of Meta's Threads app demonstrates the company's ability to scale up quickly. This could lead to increased user engagement and potentially a positive impact on Meta's stock price. The recent disruptions on Twitter, which may have driven users to Threads, could also have a positive impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100