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Meta (META) Soars as Threads Hits 500 Million User Milestone

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The Story

News Summary

  • Meta Platforms announced that Threads has reached 500 million monthly active users, achieving half of its long-term growth target.
  • The platform is experiencing rising direct user engagement, particularly in Asian markets, reducing its reliance on Instagram integration for traffic.
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META price history

673.31 +5.33% over the displayed period

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