Our team has been abuzz after the launch of the Threads app, a dynamic social platform from Meta, the company behind Facebook and Instagram. Even though it’s brand new, the app is already making waves in the digital sphere. This new app garnered tens of millions of signups within its first few days – making it the fastest growing app of all time. On July 7th it had 49 million users, but just as quickly it has declined to roughly 23.6 million users on July 14th according to a new report from SimilarWeb. It also reported that in the U.S. engagement went from 21 minutes per day to just over six minutes during the same period.
So, is this new app worth the hype? Will it replace Twitter? And should your brand join? We’ve got answers to your most pressing questions!