X rival Bluesky gains 1.25 million users following U.S. election [CNBC]
Similarweb Ltd. Ordinary Shares (SMWB)
Company Research
Source: CNBC
The startup's influx of users underscore how the app has been able to pitch itself as an alternative to rivals X, which is owned by Elon Musk, and Meta's Threads. Bluesky claims 15.2 million total users, a fraction of the user bases of X and Threads. Micro-blogging startup Bluesky has gained over 1.25 million new users in the past week, indicating some social media users are changing their habits following the U.S. presidential election. Bluesky's influx of users underscore how the app has been able to pitch itself as an alternative to rivals X, which is owned by Elon Musk, and Meta's Threads. The bulk of the new users are coming from the U.S., Canada and the United Kingdom, the company said Wednesday. “We're excited to welcome everyone looking for a better social media experience,” Bluesky CEO Jay Graber told CNBC in a statement. Despite the surge of users, Bluesky's total base remains a fraction of its rivals'. The Seattle startup claims 15.2 million total users. Meta CEO
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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
- Bluesky tops 20M users, narrowing gap with Instagram Threads [TechCrunch]TechCrunch
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- 11/12/24 - Beat
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- 11/22/24 - Form 144
- 11/21/24 - Form 144
- 11/19/24 - Form 144
- SMWB's page on the SEC website