this post was submitted on 30 Jun 2023

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submitted 1 year ago by fossdruid@lemmy.ml to c/memes@lemmy.ml

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[–] UpUpDownQuarks@lemmy.fmhy.ml 31 points 1 year ago (2 children)

The beautiful thing is their valuation probably also went down

[–] saigot@lemmy.ca 10 points 1 year ago

3rd party (so unreliable) numbers suggest they lost around 6% user engagement. I woukd guess that serving adds to all the people that switched from 3rd party to official apps probably made up for it in the short term.

[–] spiderkle@lemmy.ca 3 points 1 year ago

they'll be lucky yo sell before their IPO.