Wednesday, 09 Sep 2020 10:51 AM MYT
SAN FRANCISCO, Sept 9 — They say that “all things come to those who wait,” and this adage takes on a particular meaning when it comes to Facebook Watch. Launched in late 2017, the social network’s dedicated video tab has now attracted 1.25 billion users per month. It is a figure that may soon be comparable to the statistic for YouTube, which for now remains the undisputed leader in the world of video streaming services with over two billion users per month.
Although less than half of the social network’s users view videos with Watch, the platform saw its popularity increase during the lockdown. Notwithstanding these encouraging figures, Facebook Watch is still far behind YouTube, which remains the most popular online video-streaming service with more than two billion users per month.In view of this situation, Facebook has decided to mount a direct challenge to its rival by hosting music videos on its Watch tab.
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