Also have to consider that it’s now private which removes the pressure of having to show any semblance of a profit or, critically, share usage or advertising statistics which could (and probably are) down dramatically since the acquisition. Being private allows the fictitious storyline to persist that “we’re doing great and everyone is using our products.”
Really? Has it meaningfully changed since 2022? Everything they promised like payments and a "super app" seems to have fallen by the wayside.
Also have to consider that it’s now private which removes the pressure of having to show any semblance of a profit or, critically, share usage or advertising statistics which could (and probably are) down dramatically since the acquisition. Being private allows the fictitious storyline to persist that “we’re doing great and everyone is using our products.”