Investor's Meta's User Growth and ARPU Metrics to Assess Competitive Position from kirby meet meta knight Watch Video

⏲ Duration: 0:47
👁 View: 895K times
✓ Published: 30-Apr-2024

Description:
Meta Platforms reported strong first-quarter results, with 27% revenue growth and a 114% increase in diluted EPS. Meta has 3.2 billion daily active users across its apps, including Facebook, Instagram, WhatsApp, and Messenger. This figure was up 7% year over year. Meta's average revenue per user increased 18% yearly to $11.20, indicating its success in monetizing users through advertising and other revenue streams. Meta's network effects, with its massive established user base and ability to extract more value per user, represent a significant competitive advantage.