Meta has released Q4 2022 earnings report, which shows that Facebook's daily active user count is at two billion.
Launched almost 20 years ago, Facebook has hit a record number of active daily users. Facebook saw a 4% year-on-year growth this time.
In an official statement, CEO Mark Zuckerberg added, "our community continues to grow, and I'm pleased with the strong engagement across our apps. Facebook just reached the milestone of 2 billion daily actives. The progress we're making on our AI discovery engine and Reels are major drivers of this. Beyond this, our management theme for 2023 is the 'Year of Efficiency,' and we're focused on becoming a stronger and more nimble organization."
Read Republican US lawmaker meets with TikTok, but unpersuaded
The company's active monthly user base was around 2.96 billion, close to 2.93 billion in the third quarter of the year.
While Facebook is creating increasing revenue, Meta's Reality Labs division lost a massive $13.7 billion in 2022.
1725967717-0/Untitled-design-(3)1725967717-0-165x106.webp "article")
-in1715608548-0/World-Artificial-Intelligence-Conference-(WAIC)-in1715608548-0-270x192.webp "china s pla uses meta s llama ai for military purposes breaching acceptable use policy")
1730538908-0/BeFunk_§_]-(27)1730538908-0.jpg "nvidia to replace intel on dow jones industrial average")
1730530741-0/Untitled-design-(84)1730530741-0-270x192.webp "400 year old vampire brought back to life by scientists")
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ