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