Meta Documents Show Main Metaverse is Losing Users and Falling Short of Goals, Report Says - CNBC

Excerpt from CNBC

• Horizon Worlds, Meta’s flagship metaverse for consumers, is failing to meet internal performance expectations, according to internal documents reviewed by The Wall Street Journal.
• Meta initially aimed to reach 500,000 monthly active users in Horizon Worlds by the end of the year, but the current figure is less than 200,000, according to the report

Horizon Worlds, Meta’s flagship metaverse for consumers, is failing to meet internal performance expectations, according to The Wall Street Journal, which reviewed internal company documents.

According to the report, Meta wanted to reach 500,000 monthly active users by the end of the year, but the current number is less than 200,000. The Journal said that the documents showed that most users didn't come back to the platform after the first month.

According to the report, only 9% of worlds are visited by 50 or more people.

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