Despite constantly stealing data, Facebook also increased its user numbers and interactions in the last quarter. Revenues exploded to the highest level.
One of the best winners of the pandemic period is undoubtedly Facebook. Although it constantly leaks user data every year, it continues to gain users continuously. In the last quarter, revenues exploded.
Total revenue was $26.1 billion, a 48 percent increase, according to the company’s first-quarter reports for the new year. Operating profit was up 93 percent at $11.3 billion. Surprisingly, the increase coincided with a massive data leak.
Facebook is also happy with the user. In the last quarter, the number of daily active users was 1.88 billion and increased by 8 percent. The number of monthly active users grew by 10 percent with 2.85 billion. The number of daily active users using Facebook products grew 15 percent with 2.72 billion. Every month, the figure is an impressive 3.45 billion.
Like any social network, Facebook benefits very well from those who spend time at home. In addition to gaining new users, it can also be observed from advertising revenues that the interaction of existing users increases. Facebook will probably maintain this increase until the end of the pandemic.