January 29, 2020 09:51 pm
Photo by Amelia Holowaty Krales / The Verge
Original Link: https://www.theverge.com/2020/1/29/21114130/facebook-q4-2019-earnings-instagram-whatsapp-messenger
Facebooks messaging apps are more important than ever as revenue growth stalls
Photo by Amelia Holowaty Krales / The Verge
Facebook’s global expansion continues unabated, as the company now reports that at least 2.26 billion people use at least one of the company’s family of mobile apps or its website at least once a day, while 2.89 billion do so at least once a month.
Those numbers are up 11 percent and 9 percent, respectively, from this time a year ago, and the daily figure represents the greatest growth among the the collection of stats the company typically touts every quarter, which also the number of people who use the main Facebook service every day and every month. Those figures only grew 9 and 8 percent, respectively.
More pressing, however, is that while Facebook’s user growth remains steady, the same cannot be said for its revenue and profit....
Original Link: https://www.theverge.com/2020/1/29/21114130/facebook-q4-2019-earnings-instagram-whatsapp-messenger
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