Meta Targets 500K Monthly Active Users for Horizon Worlds by Year End but Reports Less than 200K Despite $15B Spending

10/17/2022

Per WSJ and Business Insider

Meta wants to reach 500,000 monthly active users in Horizon Worlds by year-end but so far only has 200,000. Most users did not return to Horizon after a month on the platform.

Only 9% of worlds are visited by at least 50 people, while Meta shares are down by 62% this year. The company's VR and AR segment, Reality Labs, already cost them $15 billion in projected losses since 2021 as spending continues.

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