Threads Failing to Gain Traction Compared to Rivals Despite Initial Popularity Surge
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Threads is struggling to attract users compared to rivals like X, ranking near the bottom ahead of only Tumblr.
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Threads initially gained millions of users after launch but growth has slowed.
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Analysts say Threads benefited from backlash against X under Elon Musk but can't rely on that.
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Meta is adding features to Threads like desktop access to make it more compelling.
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Analysts say Threads needs a unique identity beyond an Instagram alternative to become a major player.