Earlier quoted context omitted.
> No evidence they are dying. All we have is a single quarter's result i.e. statistically meaningless. But their first down quarter (for users) does say something . No one would be talking about this if it hadn't happened.
It's a quarter where we are seeing an inflation explosion, COVID and international uncertainty which is causing recessionary behaviour. Companies across the IT sector are cutting jobs and revising forecasts either because of actual or expected drop in revenue. Can't think anyone serious would look to derive any meaning from a single data point in this environment. For all we know the entire DAU drop could be from Ukr…
The DAU drop happened before the war, in the quarter up to December 2021.