Quibi Reportedly Lost 92% of Its Early Users After Free Trials Expired

According to reports, the mobile-only streaming service Quibi lost around 92 percent of its 910,000 users that subscribed through its three-month free trial. The short-form video platform, as reported by Sensor Tower, only has an estimate of 72,000 users that stuck around after the three-month free trial period ended.These numbers are not the number of current paying subscribers Quibi has, as it only accounts for the conversion rate for the first three days of sign-up. According to Sensor Tower,...