Today more than a billion people use Facebook through mobile devices worldwide. And they spend 20% of time in mobile apps for Facebook services.
Speaking during a conference call to discuss the acquisition of augmented reality company Oculus VR, Mark Zuckerberg, Facebook CEO, said: “We’ve made a lot of progress in mobile. As of last week, there are now more than one billion people actively using our mobile apps alone.”
Zuckerberg also revealed that photo sharing app Instagram, which Facebook bought for $1 billion two years ago, now has more than 200 million active users. It had just 20 million users when it was acquired.
Here is the full report.
2 Comments
Rohan Samarajiva
I think he’s claiming 1 billion using Facebook from mobiles. That suggests total would be higher?
Abu Saeed Khan
Clarified it.
Taxing global multinationals for fair competition
The digital economy is experiencing remarkable growth globally, and Sri Lanka is no exception. Wattegama (2021) valued Sri Lanka’s digital economy at approximately USD 3.
Senior Research Manager Gayani Hurulle participates at CA Sri Lanka’s Annual Economic and Tax Symposium
Taxation is a critical tool for sustainable development, playing a vital role in reducing poverty, ensuring food security, and enhancing social protection. In light of these important issues, the Institute of Charted Accountants of Sri Lanka hosted its Annual Economic and Tax Symposium under the theme “Shaping Fiscal Foundations: Tax Policy as a Catalyst for Sustainable Economic Growth,” on 1st and 2nd of August, 2024.
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