this post was submitted on 11 Mar 2024
397 points (98.3% liked)

Asklemmy

43968 readers
2165 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it's welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 5 years ago
MODERATORS
 

If they were just talking about Reddit, I’d assume something dodgy was going on connected with the IPO. But Quora is supposedly back from the dead too… Am I missing something glaringly obvious here?

you are viewing a single comment's thread
view the rest of the comments
[–] agressivelyPassive@feddit.de 29 points 8 months ago (1 children)

Its share price doesn't matter in this context, since Meta also owns Instagram, which is absolutely not going downhill at the moment.

Facebook however is losing active users, especially in the younger age ranges and even more pronounced in Europe and the US.

[–] Sir_Kevin@lemmy.dbzer0.com 8 points 8 months ago (1 children)

They also own WhatsApp which has a massive user base outside of the US.

[–] agressivelyPassive@feddit.de 3 points 8 months ago (1 children)

But it's not really a cash cow. At least I don't know of any widespread attempts at monetization (yet).

[–] Tar_alcaran@sh.itjust.works 2 points 8 months ago

WhatsApp is monetized by selling your private data, same as.FB