Meta (META) CEO says WhatsApp now has more than 3bln monthly active users, including over 100mln in the US
Says:
- Improvements to recommendation systems have increased time spent over the last 6 months by 7% on Facebook, 6% on Instagram, and 35% on Threads.
- Threads now has more than 350 million monthly active users.
- Business messaging is expected to be the next pillar of Meta's business.
- Meta AI app is focused on scaling and engagement this year, with business integration planned for next year.
- Nearly 1bln monthly active users now use Meta AI across its apps.
- Increased capex to bring data center capacity online quicker.
CFO says:
- Threads is not expected to be a meaningful driver of overall impression or revenue growth in 2025.
- Majority of 2025 capex will support the core business rather than generative AI.
- Q2 outlook reflects generally healthy trends so far in April.
- It's very early and hard to know how things will play out over the quarter considering economic uncertainty.
30 Apr 2025 - 22:11- EquitiesData- Source: Newswires
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