Meta may monetise Threads after crossing one billion users – Zuckerberg

Meta CEO, Mark Zuckerberg, has said that the company may consider the monetisation of the new Twitter-like app called Threads, in the future.

He stated that while Meta is presently concentrating on getting more people to embrace the new microblogging app, the company will consider using it to make money once its users cross the one billion mark.

Zuckerberg stated this in his post on Threads on Thursday.

He wrote, “Our approach will be the same as all our other products: make the product work well first, then see if we can get it to a clear path to 1 billion people, and only then think about monetization at that point.”

Threads is the latest social media application from the tech giant company and the app is expected to be a big rival to Twitter

The development came after the latter enabled a feature that limits the number of daily posts users can see on the app.

Threads like Twitter has text-based posts that can be liked, shared, and commented on.