Meta Muse Checkout Surge Sparks $28.5 Billion Revenue Prediction
Meta Muse, launched on September 8th, has taken the market by storm. In just two weeks, it overtook ChatGPT as the top free app on Apple's App Store and Google Play in the US and Canada, with Sensor Tower counting 2.8 million downloads.
The impressive growth of Meta Muse is not limited to its downloads alone. The company's stock has seen a significant surge, rising nearly 13% that week, according to Reuters. This increase can be attributed to the potential revenue generated by Muse's checkout feature, which allows users to delegate shopping and travel booking tasks to the agent.
Shopify and PayPal have opted in to use Meta Muse for processing checkouts, with Shopify announcing its partnership on September 21st. However, Amazon refused to allow Muse access to its platform, citing concerns over third-party applications making purchases on behalf of customers without consent.