Active Stocks
Tue Mar 19 2024 12:20:41
  1. Tata Consultancy Services share price
  2. 4,019.20 -3.03%
  1. Tata Steel share price
  2. 148.80 -0.53%
  1. Bharti Airtel share price
  2. 1,234.95 0.81%
  1. Power Grid Corporation Of India share price
  2. 260.00 -1.89%
  1. ITC share price
  2. 410.00 -1.77%
Business News/ Technology / News/  Facebook now has 2.38 billion users
BackBack

Facebook now has 2.38 billion users

Facebook's daily active users were 1.56 billion on average for March 2019
  • Facebook CEO Mark Zuckerberg says about 500 million people use Facebook Stories every day
  • Facebook Stories hit 300 million daily user milestone back in September. (Pixabay)Premium
    Facebook Stories hit 300 million daily user milestone back in September. (Pixabay)

    SAN FRANCISCO :

    Social media giant Facebook's monthly active users (MAUs) grew 8 per cent year-over-year MAUs to reach 2.38 billion at the end of first quarter of this year while the number of people using Facebook Stories hit 500 million every day.

    The platform saw the same rate of growth in daily active users, Facebook said in its earnings statement late Wednesday.

    "Daily active users (DAUs) - DAUs were 1.56 billion on average for March 2019, an increase of 8 per cent year-over-year," the statement added.

    "In addition, we estimate that more than 2.1 billion people now use Facebook, Instagram, WhatsApp or Messenger (our "Family" of services) every day on average, and around 2.7 billion people use at least one of our Family of services each month," Facebook added.

    On an call with investors following the company's first-quarter earnings report, Facebook CEO Mark Zuckerberg revealed that 500 million use Facebook Stories every day, The Verge reported on Wednesday.

    Facebook Stories hit 300 million daily user milestone back in September, said the report.

    Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

    This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

    Catch all the Technology News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
    More Less
    Published: 25 Apr 2019, 01:43 PM IST
    Next Story footLogo
    Recommended For You
    Switch to the Mint app for fast and personalized news - Get App