{"id":1261567,"date":"2023-08-01T07:28:53","date_gmt":"2023-08-01T01:58:53","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1261567"},"modified":"2023-08-01T07:29:28","modified_gmt":"2023-08-01T01:59:28","slug":"threads-by-facebook-has-already-lost-50-million-users-mark-zuckerberg-admits-something-is-wrong","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/threads-by-facebook-has-already-lost-50-million-users-mark-zuckerberg-admits-something-is-wrong\/","title":{"rendered":"Threads By Facebook Has Already Lost 50 Million Users! Mark Zuckerberg Admits Something Is Wrong.."},"content":{"rendered":"\n<p>Threads, the latest competitor to Twitter developed by Mark Zuckerberg&#8217;s Meta, made a sensational debut with its launch, swiftly amassing over 100 million users within a mere five days, establishing itself as the fastest-growing app to date.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"473\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/08\/Screenshot-2023-07-06-at-10.47.49-AM-1024x473-1.png\" alt=\"Threads By Facebook Has Already Lost 50 Million Users! Mark Zuckerberg Admits Something Is Wrong..\" class=\"wp-image-1261576\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/08\/Screenshot-2023-07-06-at-10.47.49-AM-1024x473-1.png 1024w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/08\/Screenshot-2023-07-06-at-10.47.49-AM-1024x473-1-300x139.png 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/08\/Screenshot-2023-07-06-at-10.47.49-AM-1024x473-1-768x355.png 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>However, since its initial surge, the app has faced a considerable decline in user engagement.<\/p>\n\n\n\n<p><strong>Striking Decline in Meta\u2019s Threads Users<\/strong><\/p>\n\n\n\n<p>A BBC report revealed that Mark Zuckerberg candidly admitted Threads&#8217; loss of more than half of its users. During an internal town hall meeting, he <a href=\"https:\/\/www.ndtv.com\/world-news\/metas-threads-loses-more-than-50-of-users-admits-mark-zuckerberg-4253501\">acknowledged<\/a> that while the app&#8217;s retention rate surpassed the executives&#8217; expectations, it fell short of the desired level.<\/p>\n\n\n\n<p>&#8220;We had hoped that out of the over 100 million people who signed up, a substantial number would continue to use the app. However, we&#8217;re not quite there yet,&#8221; remarked Mr. Zuckerberg, acknowledging the challenges.<\/p>\n\n\n\n<p>Despite the setback, the billionaire tech mogul remained optimistic, asserting that the drop in users was a normal occurrence for new apps. He expressed confidence that retention rates would see improvement as Meta continued to introduce new and enticing features to the app.<\/p>\n\n\n\n<p>To bolster user retention, Meta is actively exploring strategies to allure users back to Threads. Chief Product Officer Chris Cox highlighted the company&#8217;s intent to incorporate more &#8220;retention-driving hooks,&#8221; including enabling Instagram users to access important Threads content. This move aims to leverage the vast user base of Instagram.<\/p>\n\n\n\n<p><strong>Decline in Daily Visits on Threads App<\/strong><\/p>\n\n\n\n<p>Before the drop in user engagement, Threads experienced a rapid decline in daily visits from 49 million to 23.6 million within a single week after its launch, as reported by SimilarWeb, an online traffic service. Furthermore, the app&#8217;s audience size was approximately 22 percent of Twitter&#8217;s, indicating a considerable gap between the two platforms.<\/p>\n\n\n\n<p>Threads stands as the most significant challenger to &#8220;X,&#8221; previously known as Twitter and now owned by Elon Musk. Over the years, several potential competitors have emerged in the social media landscape, but none have managed to displace Twitter&#8217;s position as one of the world&#8217;s largest social media platforms, despite its own challenges.<\/p>\n\n\n\n<p>In terms of functionality, Threads offers users the ability to post text, links, and interact with other users&#8217; messages, closely resembling Twitter&#8217;s offerings. Moreover, users can seamlessly transfer their existing follower lists and account names from Instagram, a feature that further solidifies the integration between Meta&#8217;s social media platforms.<\/p>\n\n\n\n<p>As Threads navigates the evolving social media landscape, Meta remains committed to refining the app&#8217;s user experience, anticipating that further improvements and engaging features will propel Threads towards a more sustainable and competitive future in the realm of social media platforms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Threads, the latest competitor to Twitter developed by Mark Zuckerberg&#8217;s Meta, made a sensational debut with its launch, swiftly amassing over 100 million users within a mere five days, establishing itself as the fastest-growing app to date.&nbsp; However, since its initial surge, the app has faced a considerable decline in user engagement. Striking Decline in [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":1261576,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[112,349,2049],"class_list":["post-1261567","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-facebook","tag-mark-zuckerberg","tag-threads"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Threads By Facebook Has Already Lost 50 Million Users! 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