‘Medium’ Is Not a Medium That Will Replace Internet
Why one cannot replace the other?
The Internet is infinite, with over 5.35 billion active users as of April 2024. This equates to 66.2% of the world’s population.
This indicates that it has become an integral part of daily life for people worldwide and is a crucial aspect of global commerce.
On the contrary, Medium is considered one of those players, though it is smaller by a significant margin. It still has millions of posts with massive user engagement, which gives it a strong niche presence.
Techreport reports as of March 2024:
There are 100 million active users on Medium monthly.
The valuation of Medium as of 2023 is $600 million.
Within two years, Medium increased its subscriber base by 75%.
Over 1.38 million posts are added to Medium monthly.
Mobile device readers on Medium are about 68%.
Medium has 53% of its subscribers earning at least $100,000.
Medium & Internet — A Quick Comparison.
Medium offers a minimal, user-friendly interface dedicated primarily to text content.
