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Instagram spinoff Threads is experiencing a surge in active users and web traffic one year after its inception. What Happened: According to a Similarweb report, Meta Platforms Inc.’s (NASDAQ:META) Threads, which debuted on July 5, 2023, has seen a substantial increase in user engagement. Monthly active users of the Mark Zuckerberg-led company’s app grew by 15.8% in the U.S. and 6.3% in the U.K. from August 2023 through May 2024. In June 2024, traffic to Threads.net saw an increase of approximately 9% compared to its launch month of July 2023. Originally, the website was intended to promote the…

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