Privacy-focused Facebook competitor MeWe says it's gained more than 2 million users in the past week
MeWegained 2.5 million new users in the last week, the company told Insider.
social mediaplatform is known for its "privacy bill of rights."
- Alt-right groups have cropped up on the site as they leave
MeWe, a social media app that bills itself as a secure and private alternative to Facebook, has gained 2.5 million new users in the last week, the company said, as fringe groups search for new platforms with less oversight.
After the November 2020 election, MeWe made headlines for hosting Stop the Steal,
As former President Donald Trump and supporters spread baseless claims of election fraud, eventually culminating in a deadly riot at the U.S. Capitol, Facebook's data privacy protections and social media policies at large have come under tighter scrutiny.
Founded by Mark Weinstein, MeWe was launched in 2016 and bills itself as focused on privacy and data ownership. All users agree to a "privacy bill of rights," and branding for the company is centered around security.
MeWe's frequently asked question page assures users: "MeWe does not spy on your private posts, we think the way those other companies do things like that is creepy." In addition, MeWe says that members own their own data.
The app itself, available on the Apple App Store and Google Play, features a newsfeed, private text and video chats, groups, and a Close Friends setting. As of Wednesday, MeWe reported 16 million users. For context, Facebook reported 1.82 billion daily active users in September 2020.
USA Today first reported on MeWe's newfound popularity.
David Westreich, a spokesperson for MeWe, said "our membership spikes frequently - as people worldwide seek a social network that respects them as customers to serve and delight, not data to share, target, or sell." The recent membership spike took the app as high as number 2 in the Google Play Store rankings on Friday.
Crunchbase data shows $14.5 million in funding for MeWe across five seed funding rounds in its lifetime. A press release from 2018 attributes all of MeWe's funding up to that point to capital from "high net worth investors."
More recently, it appears that the company has benefited from governmental coronavirus relief: ProPublica reported that Sgrouples Inc., MeWe's parent company, received a PPP loan between $150,000 and $300,000 in April 2020.
- DBS Bank’s custom financing leads the way for companies trying to reach net-zero goals
- Republic Day 2022 – Here is a list of wishes and messages you can send to your fellow citizens
- The world's 5 richest tech tycoons — including Elon Musk, Jeff Bezos, and Bill Gates — have already lost about $85 billion this year amid a brutal market sell-off
- OpenSea is returning the millions users lost due to a bug
- Indian crypto exchanges, influencers fall prey to hacks promoting crypto scam
- OPINION: Tax consolidation schemes is the need of the hour for India’s renewable energy sector
- Brands celebrate Republic Day with patriotic fervour
- Air India's new policy on pre-flight weight checks is not going well with its staff