Weekly News 20241118

Instagram Surpasses Facebook: New Dynamics in Meta's Social Media Landscape in the EU

• In its latest update, Meta revealed that Instagram’s EU monthly active users reached 269.1 million, surpassing Facebook's 260.6 million for the first time.

• This shift highlights Instagram's stronger appeal to younger users, as Facebook’s growth in the EU has slowed, even slightly declining in recent months.

• Additionally, TikTok and X hold 150 million and 66 million EU users respectively, showing a diverse social media landscape with new challenges for Meta.

1000+School Libraries Established, Hongmao did it

• Hongmao is committed to establishing libraries in rural schools, thereby significantly increasing educational resources and fostering a culture of reading among students. These efforts aim to close the education gap between urban and rural areas and provide children with quality books and learning environments.

  
  

• Aiming to build bridges between cultures and communities and to pass on love to give back to the community is not just hongmao's sense of corporate responsibility, it is also the transmission of social responsibility and love between the relationships we build with each and every one of our clients.

  
  

• The support of our customers joins us in celebrating the values of responsibility, sustainability and shared humanity.

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