Alongside its impressive first quarter earnings for 2014, Facebook saw solid mobile user growth: the company hit 1.01 billion mobile monthly active users this quarter — up from 945 million at the end of December last year.
That 65 million-user jump continues Facebook’s aggressive mobile expansion plans. The company’s mobile growth rate over the past four months, however, is not as strong as it has been in the past. Facebook jumped from 874 million mobile monthly active users at the end of Q3 2013 to 945 million on December 31st — up by 71 million. This suggests that although Facebook isn’t struggling to retain users, growth is slowing down a bit.
Compared to Facebook’s Q1 2013, the company’s monthly mobile active users are up 34% year-over-year.
Facebook’s mobile daily active users are comparatively strong; the company saw 609 million on average this month, up 43% year-over-year.
As for Facebook’s Q1 revenue, the company soared past analyst expectations with $2.50 billion in revenue.
Facebook is the world’s largest social network, with over 1.15 billion monthly active users. Facebook was founded by Mark Zuckerberg in February 2004, initially as an exclusive network for Harvard students. It was a huge hit: in 2 we... read more »
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