Bookmark and Share

Facebook Reaches One Billion Active Users Mark (FB)

Some people wrote it off; others questioned its valuation while some doubt its future; but, the reality is that Facebook Inc. (NASDAQ: FB) is still the leading social networking site, in terms of active monthly users and is going strong.

Indeed! Social networking giant Facebook announced on Thursday that it now has one billion monthly active users (not just sign ups).

According to a statement posted of Facebook’s website, ever since its inception, 140.3 billion friends connections have been made, 219 billion photos have been uploaded while there have been 1.13 trillion “likes”.

Facebook also highlighted that at present the median age of people joining the social networking site is 22 years; and majority of new users are from the U.S., Brazil, India, Mexico and Indonesia.

The company also posted that about 600 million users use smartphones to access the website.

Social media professional said that Facebook is by far the most used social networking platform. According to Forbes, a survey conducted among 400 people showed that staggering 85% of the respondents use Facebook as the primary channel for social networking, compared to 10% for Twitter and 2% for Google.  In the same survey, 84% of respondents said that they find friends’ shared things interesting, while 7% said that Facebook will be dead and buried in 10 next ten years.

Elated by the latest development, Facebook’s founder and Chief Executive Mark Zuckerberg said it as “amazing honor”.

“Thank you for giving me and my little team the honor of serving you, helping a billion people connect is amazing, humbling and by far the thing I am most proud of in my life. I am committed to working every day to make Facebook better for you, and hopefully together one day we will be able to connect the rest of the world too,” added Zuckerberg.

Shares were up almost 2 % during premarket hours on Thursday.

 

 

 


Leave a Reply

  

  

  

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


-------------------------------------------------------------------------------------------------------------------------
All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.