StockNews.AI
META
Business Insider
207 days

Meta reveals how it plans to make money on Threads, its X competitor with 300 million users

1. Meta tests ads on Threads, its X competitor launched in 2023. 2. Rollout targets users in the US and Japan with brand safety measures. 3. Threads has 300 million monthly users, three-quarters follow business accounts. 4. Meta reassures advertisers amid TikTok's challenges and issues with X. 5. Revenue expectations for Threads remain tempered, despite user growth.

6m saved
Insight
Article

FAQ

Why Bullish?

With the ad rollout, Meta could capture new advertising revenue. A successful integration of ads may lead to increased user engagement and advertiser interest, similar to Reels' rollout success.

How important is it?

Ads on Threads represent a potential new revenue stream for Meta. Given the competitive social media landscape, this move signifies strategic adaptation.

Why Long Term?

Advertising growth on Threads could contribute to long-term revenue. Past success with Reels demonstrates potential for sustained revenue generation.

Related Companies

Related News