Mark Zuckerberg's Twitter-killer, Threads, recently marked its first anniversary. The platform gained immense popularity upon its launch, becoming the world's fastest-growing app by amassing 100 million users within just five days. A year later, Threads continues to grow steadily, albeit at a slower pace. Zuckerberg announced that the platform now boasts over 175 million monthly active users.
Threads' initial success can be attributed to its close integration with Instagram. The option for users to sign up using their Instagram credentials facilitated easy account creation and contact discovery. Threads emerged as an appealing alternative to Twitter following Elon Musk's acquisition of the platform.
In contrast, X's growth has shown signs of stagnation. The platform reported a modest 1.6% increase in global daily active users, reaching 251 million in the second quarter of this year. This growth rate is notably lower compared to the double-digit increases Twitter typically experienced before Musk's ownership.
In a recent interview, Threads and Instagram head expressed the goal of surpassing X. The platform is focusing on differentiating itself by positioning as a less contentious space. Basic content moderation measures have been implemented to foster a more positive user experience.
Despite Zuckerberg's initial vision of Threads as a friendlier alternative to X, the platform has yet to pose a significant threat to Musk's social media giant. Industry experts suggest that Threads must enhance its unique features to challenge X effectively in the future.
Data indicates that Threads currently has 175 million active monthly users, with an estimated 38 million daily visitors. However, user engagement remains a concern, with individuals spending only six minutes on the app daily compared to X's 23 minutes and Instagram's 36 minutes.
While Meta remains optimistic about Threads' potential to surpass X, the platform's reliance on Instagram is evident. Efforts are underway to establish Threads as a more independent entity through initiatives like Threads-only accounts and data separation.
Despite these efforts, Threads' close association with Instagram may hinder its ability to break free from the larger platform's shadow in the foreseeable future.