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Instagram now has 3 billion monthly active users

1. Instagram reaches 3 billion monthly active users, a major milestone for Meta. 2. New privacy settings will default underage accounts to private mode. 3. Meta reports 3.48 billion daily active users across its apps, exceeding estimates. 4. CEO Zuckerberg emphasizes growth across Instagram, Facebook, and WhatsApp. 5. Monthly user disclosures for Facebook and siblings will cease from April 2024.

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FAQ

Why Bullish?

High user engagement indicates stronger revenue potential. Historical user growth aligns with stock expansion.

How important is it?

User growth and engagement are pivotal for revenue, influencing investor confidence and stock performance.

Why Long Term?

Sustained user growth cultivates future ad revenue and market expansion opportunities.

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