India leads Facebook daily active user growth
- November 1,2019 By IndianTelevision Team
MUMBAI: India has fuelled the social media giant Facebook’s daily active user growth which increased by 9 per cent to 1.62 billion in the quarter ending September.
“Daily active users reached 1.62 billion, up 9 per cent compared to last year, led by growth in India, Indonesia, and the Philippines. This represents approximately 66 per cent of the 2.45 billion monthly active users in September," Facebook chief financial officer David Wehner said.
Facebook CEO Mark Zuckerberg also added on an optimistic note that the social media giant will soon be able to fully launch WhatsApp Pay in India.
“We’re working on payments in WhatsApp. We have our tests going on in India. We’re very optimistic that we are going to be able to launch to everyone in India soon," he said.
Facebook beat analysts estimation in the quarter in sales and witnessed steady user growth reporting $6.09 billion net income and reaching 2.45 billion monthly average users.