About 40% of the world's population is using Facebook

More than 3 billion people use Facebook every month. (Photo: Toronto Star).

In its second quarter 2023 earnings report, Meta said more than 3 billion people (nearly 40% of the world's population) are active on Facebook each month, up 6% year-on-year and the fourth consecutive quarter of growth.

Still, most new users come from outside the US and Canada, signaling the social network's popularity may be leveling off in its home market.

Facebook's monthly active users in the US and Canada increased by about 1 million, while those in Europe decreased by 2 million. Asia- Pacific and the rest of the world contributed 25 million and 16 million new users, respectively, according to the report.

As of June 30, the total number of users of Meta's other apps – Instagram, WhatsApp, Messenger, Thread – reached nearly 3.9 billion, the highest ever.

Meta launched Threads on July 5, so the numbers aren’t included in its second-quarter report. In just its first five days, the “Twitter killer” has attracted more than 100 million users.

The results show that Facebook and Meta’s suite of apps have recovered somewhat. According to CEO Mark Zuckerberg, 2023 is “the year of efficiency.” The company has gone through three rounds of layoffs. After the second round, 24% of Meta’s 87,000 employees were laid off. Meta is second only to Twitter in size, with the “blue bird” laying off 80% of its employees since October 2022.

Meta's second-quarter 2023 revenue reached $31.9 billion, up 11% from the same period in 2022 and exceeding Wall Street expectations. That helped Meta shares surge 6.84% in after-hours trading on July 26.

(According to Insider)

Mark Zuckerberg's Threads Breaks ChatGPT's Record In just 5 days, Instagram's Threads app surpassed 100 million subscribers, breaking the record held by chatbot ChatGPT.

Source: https://vietnamnet.vn/khoang-40-dan-so-the-gioi-dang-su-dung-facebook-2170356.html