Thursday, November 03, 2016

Facebook Defies Social Media Gravity With User and Profit Growth - The New York Times

Also see Facebook says ad revenue growth will start slowing down next year (Recode)

"The social network on Wednesday reached the latest milestones in its quest to dominate the world, topping 1.79 billion monthly visitors as of the end of September, up 16 percent from a year ago. Facebook also added a record number of new daily users and said for the first time that more than one billion people regularly used its network exclusively on their mobile device every month.

And those numbers do not even include Facebook’s other properties, such as the photo-sharing service Instagram and the messaging service WhatsApp."
Facebook Defies Social Media Gravity With User and Profit Growth - The New York Times
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