Let's bring in. Cheer on the floor of the
New York Stock Exchange. Hey, Kristen, the
has been rapidly gaining users since its launch. Now
, there's a new estimate for how much money it's
expected to make. What have we learned in two
? Have you signed up yet? Um OK.
Well, I need to sign up, Hannah,
you've convinced me and I need to eventually jump on
the party, but I'm going to be like number
of 200 million because it's so popular. So to
that end threads that his new Twitter competitor could bring
in about$8 billion in annual revenue over these next
two years. According to analysis from a Wall Street
research firm, analysts predict that the app will eventually
reach about 200 million daily active users and it's already
off to a good start. Mark Zuckerberg said yesterday
that threads crossed the 100 million user mark within just
five days of launch, took two months to reach
that same benchmark. Now, while the predicted$8
billion is a fraction of meta's overall annual sales,
it surpassed the 5.1 billion that Twitter generated in its
first year under Elon Musk