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Facebook now has as many users as China has people

by AprilSix Proof

Telegraph: 1.35 billion people now log into Facebook at least once a month.

Facebook now has as many users as there are people in China, the company said this week, as it revealed that profits nearly doubled to more than $1bn. 1.35bn people now log into Facebook at least once a month (a 14% increase in the last 12 months) with 864m people checking their accounts every day – more than the entire population of Europe.

The surge in popularity helped Facebook increase revenues by 60% in the third quarter of 2014. Profits nearly doubled to $1.1bn, and the company’s controversial “Messenger” app and targeted marketing scheme have been successful in collecting data from its growing pool of users.

Read the full story from the Telegraph:

http://www.telegraph.co.uk/technology/facebook/11194049/Facebook-profits-pass-1bn-as-more-users-log-on-every-day.html

The Facebook press release is available here: http://investor.fb.com/releasedetail.cfm?ReleaseID=878726