Bluesky tops 20M users, narrowing gap with Instagram Threads [TechCrunch]
Similarweb Ltd. Ordinary Shares (SMWB)
Company Research
Source: TechCrunch
Today, Bluesky has hit a major milestone: it's topped 20 million users . What's more, new data indicates the app's rapid growth is seeing it close the gap with another prominent X rival, Instagram Threads, across metrics like daily active users and website visits. Bluesky's user base is still much smaller than Threads, which recently reported north of 275 million monthly active users . However, if Bluesky's current rate of growth holds up, it could catch up with Threads in time, market intelligence firm Similarweb believes. Its data indicates that Threads had five times more daily active users than Bluesky ahead of the U.S. elections, but as of November 15, its lead over Bluesky had been reduced to just 1.5x. The Musk-owned app X remains dominant, though, with a daily active user count that's more than 10 times larger than Bluesky at present. Image Credits: Similarweb The firm's data also indicates that Bluesky overtook Threads in daily website visits in both the U.S. and the
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SMWB
News
- Time to Cut Off Your X (Twitter)? Here's How [CNET News]CNET News
- Threads adjusts its algorithm to show you more content from accounts you follow [TechCrunch]TechCrunch
- Bluesky user count hits 20 million and continues to grow: What to know about the platform [USA TODAY]USA TODAY
- Bluesky tops 20M users, narrowing gap with Instagram Threads [Yahoo! Finance]Yahoo! Finance
- Mark Hamill Says He's Leaving Elon Musk's X: Here Are All The Celebrities Migrating To Bluesky [Forbes]Forbes
SMWB
Earnings
- 11/12/24 - Beat
SMWB
Sec Filings
- 11/22/24 - Form 144
- 11/21/24 - Form 144
- 11/19/24 - Form 144
- SMWB's page on the SEC website