Based on Meta’s third-quarter earnings, time spent on Fb and Instagram elevated by 7% and 6%, respectively.
“It’s simply unbelievable development contemplating how a lot time individuals are already spending on these platforms,” mentioned Insider Intelligence/eMarketer analyst Jasmine Enberg.
Now that its core enterprise has been established, Meta can concentrate on tech-powered innovation, new income sources, and responding to world knowledge laws.
Based on Insider Intelligence/eMarketer, WhatsApp Enterprise will generate $718.4 million globally in 2024, representing a 24.5% enhance yr on yr, because the app introduces new fee, reserving, and commerce choices.

Ariel Ben Solomon is the Progress and Technique supervisor at Ecomhunt. He’s the host of the Ecomhunt Podcast. Might be adopted on Twitter at @ArielBenSolomon