this post was submitted on 27 Jun 2023
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[–] DeriHunter 5 points 1 year ago

It sounds exactly right. They figured even if they got 20% of the third party apps users to start using theirs for the reasons you suggested, it's better than keeping the users as is. The 80% they lost from 3p apps are probably a small change compared to what the 20% that did move get them at the ipo (this is a guess though)