
TikTok Sets a Record and the RedNote Craze Subsides

It may be too early to say whether Twitter’s recent rebranding as “X” will hurt the company’s traction with its audience or advertisers – but it’s not helping. The rebranding of Twitter to “X” is incomplete, with twitter.com remaining the primary web domain and the mobile app unchanged, so forgive us if we refer to this social media property as Twitter for the rest of this report.
Meanwhile, enthusiasm seems to have dimmed among those who saw the Threads app as a Twitter replacement. While the status of Threads as a spin-off of Instagram gave the new Meta Platforms social network a huge boost, active users have dropped by 60% from launch week.
A one-week change in traffic may not be significant in the long run, but the chart below is consistent with what we’ve been showing for months in terms of declines for both twitter.com and facebook.com.

As we have been reporting month after month, the ad and business portals for both Twitter and Meta/Facebook have seen eroding traffic, while competitors like Snapchat, TikTok, and sometimes Pinterest have been gaining. The update shown below is based on month-to-date traffic through July 23, compared with the same days in 2022. We track traffic to these portals as a leading indicator of advertiser interest.

Threads was briefly bigger than Reddit, as measured by daily active users of its official app for Android, before falling into last place among the major social networks we track. We don’t yet have daily numbers for iOS, but we suspect the boom-and-bust pattern is similar. Threads took off like a rocket, with its close linkage to Instagram as the booster. However, the developers of Threads will need to fill in missing features and add some new and unique ones if they want to make checking the app a daily habit for users.

Measured by time spent using the app, Threads came close to Twitter levels of engagement at launch, particularly in the US. Usage has since fallen significantly, both in the US and worldwide.

So far, Twitter (or X) seems to be struggling, but Threads is in the very early stages of mounting a challenge to it.
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David covers social media, digital advertising, and generative AI. With a background in web trends since the 1990s, he’s also the author of "Social Collaboration for Dummies".
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