Facebook Stories somehow hits 500 million daily users [The Verge]
Meta Platforms, Inc. - Class A (FB)
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Source: The Verge
Facebook Stories somehow hits 500 million daily users Somehow, defying all expectations, people are using Stories. And not just a few people, but a lot — more than 500 million every day. The new metric is the first time says its Stories product, which it initially ripped from Snapchat and deployed with wild success on 300 million daily user milestone back in September hit 500 million daily users in January, CEO Mark Zuckerberg revealed the stat today on an call with investors following the company’s first-quarter earnings report Stories are used daily at the same rate as Stories Chief Operating Officer Sheryl Sandberg told listeners on the call that 3 million advertisers had made use of the Stories format across ’s overall app ecosystem. So while we don’t have a financial breakdown of how lucrative those ads are, or whether a majority of them are placed on , it does seem to make perfect sense that took the concept and applied it across its entire mobile portfolio, including the
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