Facebook hits 2 billion users, doubling in size since 2012 – Business

Facebook Inc. said on Tuesday that 2 billion people are regularly using its flagship service, marching past another milestone in its growth from a college curiosity in the United States to the world’s largest social media network.

Chief executive Mark Zuckerberg disclosed the number to his followers in a Facebook post. “It’s an honor to be on this journey with you,” he wrote.

The user base is bigger than the population of any single country, and of six of the seven continents. It represents more than a quarter of the world’s 7.5 billion people.

Facebook defines a monthly active user as a registered Facebook user who logged in and visited Facebook through its website or a mobile device, or used its Messenger app, in the past 30 days. It does not include people who use the Instagram or WhatsApp networks but not Facebook.

The company said in May that duplicate accounts, according to an estimate from last year, may have represented some six per cent of its worldwide user base.

Dwarfs its competitors

The social network’s user population dwarfs that of similar companies. Twitter Inc reported in April monthly active users of 328 million, while Snap Inc.’s Snapchat had 166 million daily users at the end of the first quarter.

Facebook founder and CEO Mark Zuckerberg started the company 2004 in his college dorm room. (Kimihiro Hoshino/AFP/Getty Image)

WeChat, a unit of Tencent Holdings Ltd and a widely used service in China, said in May that it had 938 million monthly active users in the first quarter.

Facebook had 1.94 billion people using its service monthly as of March 31, an increase of 17 percent from a year earlier. It reached 1 billion in October 2012.

The company, which Zuckerberg started in 2004 in his college dorm room, uses its huge size advantage to lure advertisers, offering them highly targeted marketing capabilities based on its data about users.

The number of advertisers topped 5 million in April, the company said.

Facebook’s growth…

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