Facebook announces staggering new user figures

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Facebook, the world’s most popular social media platform, has just got a lot bigger.

There has been a sharp rise in the number of users in the first three months of the year with Facebook now approaching the 2 billion user mark.

The platform say they now have 1.94 billion monthly users with 1.3 billion of those visiting the site everyday either via the app or online.

To put this perspective, the global population is about 7.5 billion so around a quarter of all the people in the world use it each month despite underachieving in countries such as China where it is banned.

To grow Facebook in countries with limited internet access the company has decided to start trialling internet providing drones that will provide free internet access.

Given the sites growth, it is expected that the 2 billion users will be achieved in the forthcoming months.

It is not just the number of Facebook users that is growing, the company has seen profits soar to just over $3 billion – a 76% year-on-year rise in earnings.

Facebook has however warned shareholders to expect advertising revenues to slow down.

Mark Zuckerberg, the CEO and founder of Facebook is reported to be exploring new areas where the company can expand. He has suggested using the platform to move into TV, healthcare or even politics.

“With that foundations, our next focus will be building community,” he said.

“There’s a lot to do there.”

Of course, the social giant doesn’t just own Facebook, it has also acquired Instagram and WhatsApp in recent years, adding to its control of social media sites.

WhatsApp also boasts more than one billion monthly users.

Via: CNN

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