The Fort Worth Press - European minnows bid to challenge social media giants

USD -
AED 3.672498
AFN 66.000013
ALL 79.999987
AMD 364.516059
ANG 1.789783
AOA 916.9997
ARS 1494.881302
AUD 1.411891
AWG 1.8
AZN 1.696467
BAM 1.689786
BBD 2.014385
BDT 122.020865
BGN 1.696366
BHD 0.37713
BIF 2988.962568
BMD 1
BND 1.278096
BOB 11.57656
BRL 5.215797
BSD 1.000151
BTN 95.649394
BWP 13.500659
BYN 3.042098
BYR 19600
BZD 2.011534
CAD 1.38932
CDF 2270.000496
CHF 0.812398
CLF 0.023463
CLP 923.439562
CNY 6.743297
CNH 6.74621
COP 3106.9
CRC 449.273171
CUC 1
CUP 26.5
CVE 95.267512
CZK 20.89775
DJF 178.102253
DKK 6.458295
DOP 58.751107
DZD 132.909023
EGP 50.532601
ERN 15
ETB 160.50031
EUR 0.863889
FJD 2.20855
FKP 0.73738
GBP 0.738835
GEL 2.604943
GGP 0.73738
GHS 11.05212
GIP 0.73738
GMD 74.000375
GNF 8785.882455
GTQ 7.629004
GYD 209.248979
HKD 7.843451
HNL 26.816424
HRK 6.509696
HTG 130.824891
HUF 315.570087
IDR 17819.6
ILS 2.994498
IMP 0.73738
INR 95.76565
IQD 1310.5
IRR 1374574.999725
ISK 122.850106
JEP 0.73738
JMD 158.031838
JOD 0.709037
JPY 159.634979
KES 129.509891
KGS 87.449938
KHR 4046.0505
KMF 426.000163
KPW 900.000294
KRW 1412.539713
KWD 0.30878
KYD 0.833488
KZT 461.939219
LAK 22540.553384
LBP 89564.507419
LKR 331.978314
LRD 181.532281
LSL 16.225328
LTL 2.95274
LVL 0.60489
LYD 6.372767
MAD 9.304503
MDL 17.252954
MGA 4307.838521
MKD 53.156792
MMK 2099.801401
MNT 3596.870401
MOP 8.080178
MRU 40.112318
MUR 47.000157
MVR 15.460462
MWK 1737.000042
MXN 17.064502
MYR 4.059298
MZN 63.905039
NAD 16.280079
NGN 1350.149927
NIO 36.805841
NOK 9.412615
NPR 153.038858
NZD 1.702175
OMR 0.384508
PAB 1.000151
PEN 3.367498
PGK 4.39475
PHP 61.757022
PKR 277.569951
PLN 3.734355
PYG 6034.084282
QAR 3.645498
RON 4.533953
RSD 101.405007
RUB 84.898754
RWF 1473.7024
SAR 3.746587
SBD 8.025811
SCR 14.295157
SDG 601.508119
SEK 9.537102
SGD 1.278203
SHP 0.740866
SLE 24.649793
SLL 20969.499227
SOS 571.496532
SRD 37.967017
STD 20697.981008
STN 21.167678
SVC 8.751323
SYP 13001.999906
SZL 16.280004
THB 33.096975
TJS 9.241463
TMT 3.5
TND 2.91875
TOP 2.40776
TRY 47.933185
TTD 6.782297
TWD 31.936007
TZS 2650.22597
UAH 44.802989
UGX 3730.695293
UYU 40.348187
UZS 11821.932307
VES 771.57685
VND 26177
VUV 118.338592
WST 2.726312
XAF 566.738234
XAG 0.015786
XAU 0.000231
XCD 2.70255
XCG 1.802536
XDR 0.707052
XOF 566.738234
XPF 103.039074
YER 237.098948
ZAR 16.223505
ZMK 9001.199134
ZMW 18.677668
ZWL 321.999592
  • CMSC

    -0.1200

    21.24

    -0.56%

  • RYCEF

    0.2200

    21.06

    +1.04%

  • JRI

    -0.0400

    12.44

    -0.32%

  • BCC

    -1.7600

    80.18

    -2.2%

  • RBGPF

    -2.6900

    68.65

    -3.92%

  • CMSD

    -0.0900

    21.09

    -0.43%

  • BTI

    0.6500

    56.38

    +1.15%

  • RIO

    -0.5200

    96.69

    -0.54%

  • BCE

    0.0100

    23.36

    +0.04%

  • GSK

    0.8700

    51.15

    +1.7%

  • BP

    0.5600

    43.41

    +1.29%

  • RELX

    0.9500

    34.51

    +2.75%

  • VOD

    -0.0700

    16.13

    -0.43%

  • NGG

    0.8600

    82.15

    +1.05%

  • AZN

    3.2100

    160.1

    +2%

European minnows bid to challenge social media giants
European minnows bid to challenge social media giants / Photo: © AFP/File

European minnows bid to challenge social media giants

A flurry of new schemes to launch Europe-based social networks faces a steep, rocky road to seduce users away from American and Asian giants in the sector.

Text size:

Founders nevertheless see opportunity in the disillusionment and distrust of major platforms that have spiked alongside transatlantic tensions under Donald Trump's second presidency.

"We think the timing is perfect, in a context where relations between Europe and the US are still deteriorating," said Gregoire Vigroux, co-founder of Croatia-based network eYou.

"It's time for Europe to equip itself with its own social networks," he added.

Opening to users on Tuesday, eYou is one of a number of efforts on the old continent, including W -- a would-be competitor to X announced in January -- or Eurosky, a platform for accessing independent social networks launched last month.

Bulle (French for "bubble") also launched in January promising a "healthy social network" while Monnett -- a hybrid of TikTok and Instagram -- is set for full release in July.

"The rejection targeting the (American) platforms is still stronger today" than in the past, said Romain Badouard, a researcher at France's Inria computing institute specialising in social networks.

He suggested that a "conservative turn in Silicon Valley" had proved unpopular with European users seeing the likes of X owner Elon Musk or Meta (Facebook, Instagram, WhatsApp) chief Mark Zuckerberg cosying up to Trump.

- 'Enormous graveyard' -

At W, "the idea is to bring back what was once Twitter in the good old days," said founder Anna Zeiter ahead of the Saturday launch.

Some interest is apparent among investors and users in the new crop of networks.

In a second fundraising round, eYou garnered 300,000 euros ($353,000) in late 2025, while Monnett claims more than 65,000 users on the beta version of its app.

But such figures would be rounding errors to the giants of the sector, who count in hundreds of millions of users and billions in revenue.

The dominance of incumbent players has left little space for challenge beyond niche offerings like Mastodon or BeReal.

"The world of social networks is an enormous graveyard," eYou's Vigroux acknowledged, adding that "99 percent of European social networks launched in the last 10 years have fallen flat."

Badouard pointed to the so-called "network effect" that powered the snowballing of major platforms' user numbers as a factor now shielding them from competition.

For users on Instagram and TikTok, "all the people they know and the accounts they follow" are on the existing networks.

But the "technological maturity" of the latest wave of challengers could still count in their favour, he said.

"They're answering to a lot of the expectations users have," Badouard said.

- Out of the algorithm? -

There is a familiar litany of criticisms levelled at the big players, including sorting users into "filter bubbles", unevenly-enforced moderation and addictive design.

European would-be competitors see those as openings to vaunt their own virtues.

W promises to keep all but verified human users from posting, while eYou says it will "promote users sharing content considered trustworthy".

"It's really important for us that it's not an algorithm that determine what's on your screen, but yourself," said Christos Floros of Monnett, which is aiming to hit a million users this year.

Such commitments could steepen the path to profitability for the new arrivals, in a market where financial success is still largely determined by raking in advertising sales.

Zeiter said W would have "no crazy hyper-targeted advertising".

"Right now we are all trying out different business models and different approaches," she said.

"Maybe in one or two years we see what's most successful and then we can team up."

P.Grant--TFWP