Threads Has A Desktop Version And DMs In The Pipeline As More Than Half Users Leave The App
Portfolio Pulse from Rounak Jain
Meta Platforms Inc.'s Threads app is planning to introduce new features such as a desktop version and direct messages, as more than half of its users have left the app. The app, which is a clone of Twitter, reached 100 million users within five days of its launch but has since seen a significant drop in growth. Instagram head Adam Mosseri and Mark Zuckerberg have reassured staff that this drop is normal and are focusing on improving the app's features and algorithms.
July 31, 2023 | 8:06 am
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Meta's Threads app is seeing a significant drop in user growth, which could potentially impact the company's stock price. However, the company is planning to introduce new features to improve the app and retain users.
The significant drop in user growth for Meta's Threads app could be a concern for investors, potentially leading to a negative impact on the company's stock price. However, the company's plans to introduce new features and improve the app could help to mitigate this impact.
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