• Scolding7300@lemmy.world
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    2 days ago

    In X’s EU user base report consisting of data from February to July 2023, Musk’s social media platform had 112.2 million monthly active users in the EU. In the following six month period from August 2023 to January 2024, that number dropped to 111.4 million users.

    That’s a minuscule drop % wise

    • Buffalox@lemmy.world
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      2 days ago

      X’s most recent report, covering February to July 2024, showed that its user base in the EU fell once more to 105.9 million.

      And these are datapoints they release themselves, 3rd party data points hint at bigger losses.

      • fluxion@lemmy.world
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        2 days ago

        You only need to hop on for 30s or so to realize why people wouldn’t feel inclined to spend time there unless it to quickly bathe one’s self in fascism and misinformation.

        Sort of what America will feel like if Elon gets his scummy hands on political power.

      • vxx@lemmy.world
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        2 days ago

        It’s even worse in social media, because most users that sign up stop using it at some point.

        So the product can die pretty quick if they don’t generate new users, especially when they alienate old ones.

        • TheGrandNagus@lemmy.world
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          2 days ago

          Indeed. Active users (say, used within the past month) is a much better metric.

          I often wonder about this for many (especially older) YouTube channels - your channel is 15 years old, how many of your 500k subscribers actually still watch or even have active accounts?

          I wonder what subscriber growth rate a typical YouTube channel needs just in order to maintain a consistent level of watchers?

      • ripcord@lemmy.world
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        2 days ago

        You’re assuming he gives a shit about how much profit it’s making.

        It’s not a public company, it’s now his private playground to try to get millions of people to see only the “free speech” he wants them to see, and exert political influence.

    • freddydunningkruger@lemmy.world
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      2 days ago

      I see you attended the same business school as Elon. Yeah, great observation: businesses hate growth, and want to see miniscule declines, it shows strength!!