Home / News / World News / Article / India helps FB gain record profits through daily users

India helps FB gain record profits through daily users

Despite facing intense scrutiny over data privacy, Facebook stock rose 12 per cent after it logged a record revenue of $16.91 billion in the fourth quarter that ended December 31

Listen to this article :

San Francisco: Despite facing intense scrutiny over data privacy, Facebook stock rose 12 per cent after it logged a record revenue of $16.91 billion in the fourth quarter that ended December 31.

The social media giant now has 2.32 billion monthly active users (MAUs) globally — an increase of 9 per cent (year-over-year) — and 1.52 billion daily active users (DAUs), thanks to the growth in emerging markets like India, the company said late Wednesday.

How do you like the new new mid-day.com experience? Share your feedback and help us improve.

Read Next Story
Gunman kills 5 in mass US shooting

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement