x

After Acquisition by Elon Musk, Twitter Market Share Increases by 55%,  Facebook’s Declines by 12%,

Twitter, a major social media platform, has recently seen a progressive rise in its market share, with Elon Musk’s purchase of the business acting as a key driver. While Twitter is expanding, Meta Platform’s Facebook is seeing a decline in share.

Specifically, information gathered and assessed by Finbold on November 8 shows that Twitter’s market share will increase by 55.86% in 2022. On the other side, between January and November 2022, Facebook’s share fell by 11.86%. In terms of market share, both desktop and mobile devices are taken into account globally.

According to a breakdown of market share, Facebook started the year with 76.85%, the platform’s greatest percentage through 2022, while the value stood at 67.73% in November. In other words, Twitter’s market share increased from 7.16% in January to 11.16% in November.

For Twitter and Facebook to sustain their market share, the companies will need to focus more on attracting users while keeping an eye on the growing competition.

Hot this week

EFCC Arraigns Company Accountant for Alleged N200m Theft in Lagos

Francis Wilfred‎The Lagos Zonal Directorate 2 of the...

Arsenal Hand Goalkeeper David Raya Improved Contract

Arsenal have rewarded Spanish goalkeeper David Raya with an...

Otuoke University Staff Protest FG’s Failure to Meet Union Demands

By Amgbare Ekaunkumo, YenagoaThe Joint Action Committee (JAC) of...

Langtang North Residents Applaud Council Chairman Tyem for One Year of Developmental Achievements

By Israel Adamu, JosResidents of Langtang North Local Government...

JUST IN: ISWAP Launches Deadly Attack on Military Base in Borno, Soldiers Feared Killed

Several soldiers are feared dead while others sustained injuries...

Today’s football match fixtures

Here’s a clean, reader-friendly rewrite of today’s global football...

Japan Plunges into Political Turmoil as Ruling Coalition Collapses

Japan was thrown into political uncertainty on Friday after...

Kogi Court Sentences 28-Year-Old Husseini Mustapha to Life Imprisonment for Rape

By Noah Ocheni, LokojaThe Kogi State High Court sitting...

Olawepo-Hashim Accuses APC Elements of Orchestrating Smear Campaign Ahead of 2027 Elections

By Achadu Gabriel, KadunaFormer presidential candidate Dr. Gbenga Olawepo-Hashim...

Related Articles

Popular Categories

spot_imgspot_img