In August, the company reported 78 million
monthly active users globally and 63 million in the US &
Canada
TORONTO, Sept. 7,
2022 /PRNewswire/ -- Rumble, the video-sharing
platform, announced that its user base reached a new record in
August, increasing its global monthly active users (MAUs) to 78
million, representing 77% year over year growth. In addition, the
company announced a new record for MAUs in the United States and Canada with 63 million, representing 103% year
over year growth. Rumble also noted that a substantial portion of
this growth came from users in the 18- to 24-year-old 'Gen Z' age
group.
"When you look at the data, and especially our 63 million MAUs
in the U.S. and Canada, it is
clear to me that Rumble's growth is one of the reasons that Big
Tech platforms have stagnated," said Rumble CEO Chris Pavlovski. "In recent years, our user
growth came primarily from consumers of news and political content.
As new content creators come to Rumble, we are seeing growth from
the Gen Z demographic, a massive new audience for our
platform."
Rumble is a high-growth neutral video platform that is creating
the rails and independent infrastructure designed to be immune to
cancel culture. Rumble's mission is to restore the Internet to its
roots by making it free and open once again. In December 2021, Rumble announced a definitive
business combination agreement with CF Acquisition Corp. VI
(NASDAQ: CFVI). See the announcement here: https://corp.rumble.com.
Rumble has made this disclosure in light of, among other things,
the upcoming vote on its proposed business combination with
CFVI.
Information About Performance
Indicators
Monthly Active Users ("MAUs"). Rumble uses MAUs as a measure of
audience engagement to help it understand the volume of users
engaged with its content on a monthly basis. MAUs represent the
total web and app users of Rumble for each month, reflecting unique
web and app users, based on data provided by third-party analytics
providers using company-set parameters. The analytics systems and
the resulting data have not been independently verified. There is a
potential for minor overlap in the resulting data due to users who
access Rumble's content from both the web and the app in a given
measurement period; however, given that we believe this minor
overlap to be immaterial, we do not separately track or report
"unique users" as distinct from MAUs. MAUs do not include embedded
video, certain connected TV users, or users of the Locals
platform.
Important Information and Where to
Find It
This press release relates to a proposed transaction between
Rumble and CFVI. This press release does not constitute an offer to
sell or exchange, or the solicitation of an offer to buy or
exchange, any securities, nor shall there be any sale of securities
in any jurisdiction in which such offer, sale or exchange would be
unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. In connection with the
transaction described herein, CFVI has filed with the SEC an
effective registration statement on Form S-4, which includes a
proxy statement/prospectus of CFVI, on August 12, 2022 (the "Registration Statement"),
and has filed, and will file, other relevant materials with the
SEC. The definitive proxy statement/prospectus has been sent to all
CFVI stockholders as of the Record Date. Investors and security
holders of CF VI are urged to read the Registration Statement, the
definitive proxy statement/prospectus (and any supplements thereto,
as and when filed), and all other relevant documents filed or to be
filed in connection with the proposed transaction because they
contain important information about the proposed
transaction.
Investors and security holders will be able to obtain free
copies of the Registration Statement, the definitive proxy
statement/prospectus and all other relevant documents filed or that
will be filed with the SEC by CFVI through the website maintained
by the SEC at www.sec.gov.
The documents filed or that will be filed by CFVI with the SEC
also may be obtained free of charge upon written request to CF
Acquisition Corp. VI, 110 East 59th Street, New York, NY 10022 or via email at
CFVI@cantor.com. The documents filed or that will be filed by
Rumble or any successor entity of the transaction with the SEC also
may be obtained free of charge upon written request to Rumble
USA Inc., 444 Gulf of Mexico
Drive, Longboat Key, FL 34228.
Participants in the
Solicitation
CFVI, Rumble and their respective directors and executive
officers may be deemed to be participants in the solicitation of
proxies from CFVI's stockholders in connection with the proposed
transactions. CFVI's stockholders and other interested persons may
obtain, without charge, more detailed information regarding the
directors and executive officers of CFVI in the Registration
Statement. Information regarding the persons who may, under SEC
rules, be deemed participants in the solicitation of proxies from
CFVI's stockholders in connection with the proposed business
combination is set forth in the Registration Statement.
No Offer or Solicitation
This press release is not a proxy statement or solicitation of a
proxy, consent or authorization with respect to any securities or
in respect of the potential transaction and shall not constitute an
offer to sell or a solicitation of an offer to buy the securities
of CFVI or Rumble, nor shall there be any sale of any such
securities in any state or jurisdiction in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of such state or
jurisdiction. No offer of securities shall be made except by means
of a prospectus meeting the requirements of the Securities Act of
1933, as amended.
Forward-Looking
Statements
This press release contains "forward-looking statements"
relating to Rumble and its business, which include, but are not
limited to, statements regarding Rumble's expectations, hopes,
beliefs, intentions or strategies regarding the future. The words
"anticipate", "believe", "continue", "could", "estimate", "expect",
"intends", "may", "might", "plan", "possible", "potential",
"predict", "project", "should", "would" and similar expressions may
identify forward-looking statements, but the absence of these words
does not mean that a statement is not forward-looking.
Forward-looking statements are predictions, projections and other
statements about future events that are based on current
expectations and assumptions and, as a result, are subject to
assumptions, risks and uncertainties. These statements are based on
various assumptions, whether or not identified in this press
release. These forward-looking statements are provided for
illustrative purposes only and are not intended to serve as and
must not be relied on by an investor as, a guarantee, an assurance,
a prediction or a definitive statement of fact or probability.
Actual events and circumstances are difficult or impossible to
predict and will differ from assumptions. Many actual events and
circumstances are beyond the control of Rumble. Forward-looking
statements speak only as of the date they are made. Readers are
cautioned not to put undue reliance on forward-looking statements,
and Rumble assumes no obligation and does not intend to update or
revise these forward-looking statements, whether as a result of new
information, future events, or otherwise. Rumble gives no assurance
that Rumble will achieve its expectations.
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content:https://www.prnewswire.com/news-releases/rumble-sets-new-monthly-active-user-record-in-august-citing-growth-among-gen-z-users-301619337.html
SOURCE Rumble and CFVI