Threads could bring in $8 billion in annual revenue, according to analysis, after it reached about 100 million users days after its launch. Cheddar News explains.

<div class="block">Threads could bring in $8 billion in annual revenue, according to analysis, after it reached about 100 million users days after its launch. Cheddar News explains.</div>

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Threads App Predicted to Generate $8B in Annual Revenue

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