San Francisco, Jan 28 (SocialNews.XYZ) The pandemic rushed more people to join Facebook and its family of apps as the company reported more than $28 billion in revenue with profit of $11.2 billion in its fourth quarter of 2020.
The company saw its family monthly active people (MAP) reach a massive 3.3 billion as of December 31, an increase of 14 per cent year-over-year.
Facebook had more than 1.84 billion people using it at least once a day in December -- an 11 per cent year-over-year increase.
As of December 31, more than 2.8 billion people check Facebook at least once a month, a 12 per cent increase.
"We had a strong end to the year as people and businesses continued to use our services during these challenging times," said Mark Zuckerberg, Facebook founder and CEO, in a statement late on Wednesday.
"I'm excited about our product roadmap for 2021 as we build new and meaningful ways to create economic opportunity, build community and help people just have fun."
Facebook had 2.6 billion family daily active people (DAP for December 2020, an increase of 15 per cent year-over-year.
Facebook currently employs 58,604 people, an increase of 30 per cent year-over-year.
Source: IANS
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz