Facebook Watch Hits a Major Milestone [The Motley Fool]
Meta Platforms, Inc. - Class A (FB)
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm
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Source: The Motley Fool
The social networking giant's video platform is off to a respectable start, but will it last? It's been just over a year since Facebook ( NASDAQ:FB ) launched Watch , the social networking company's answer to YouTube. The video platform has taken some time to get off the ground, only rolling out internationally in August. Meanwhile, Facebook launched IGTV over the summer to complement Watch, and Instagram generally has much greater growth potential than the core Facebook platform. As Facebook's video ambitions grow, the company is now ready to share some updates. Image source: Facebook. 400 million and counting In a blog post today, Facebook says Watch now has over 400 million monthly active users (MAUs) and 75 million daily active users (DAUs). That MAU figure is up substantially from the 50 million MAUs Facebook disclosed in August, and at face value would represent a respectable chunk of the 2 billion viewers that visit Alphabet 's ( NASDAQ
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