As Meta, we shared our Q2 earnings results yesterday. This was a good quarter for our business with 11% YoY total revenue growth. I couldn’t be more proud of the performance of our teams, as we continue to make progress executing on our priorities and delivering exciting new experiences for our community and businesses.
I want to share my 5 takeaways;
✅ There are now more than 3.8 billion people who use at least one of our apps every month.
✅ For the first time, Facebook has more than 3 billion monthly actives -- with daily actives continuing to grow around the world, including in the US
✅ The newly launched Threads saw unprecedented growth out of the gate and more importantly, we’re seeing more people coming back daily than we expected
✅ We’re seeing our long-term investments in AI pay off, with conversion growth for advertisers remaining strong. In fact, almost all of our advertisers are using at least one of our Meta Advantage AI-driven products.
✅ Reels is a key part of our Discovery Engine, with Reels plays exceeding 200 billion per day across Facebook and Instagram. More than 3/4 of advertisers now use Reels ads.
I’m extremely optimistic about the investments we’re making to continue powering growth for businesses #Performance #MetaforBusiness #ai
Product manager at Dashly.io
2mo👍