Full width home advertisement

Post Page Advertisement [Top]

apps, mobile, business, Facebook, social networking, Facebook social networking, social networking site, Facebook social networking site, Facebook continues to slow down, continues to slow down, facebook news,
Facebook social networking site continues to slow down

The world's first social networking site Facebook continues to grow at a slowdown

apps, mobile, business, Facebook, social networking, Facebook social networking, social networking site, Facebook social networking site, Facebook continues to slow down, continues to slow down, facebook news, 

The era of non-stop growth on Facebook has long since ended.

Although the company is far from the point that it may begin to shrink, its growth in the United States and Canada, as well as Europe, has completely stopped and appears to be declining at times

In the third quarter 2018 earnings report released today, the social network confirmed that the number of active users daily in the United States and Canada remained steady at 185 million, while the number of European users fell from 279 million to 278 million. 

The latter may be a direct result of the recent European privacy provisions, namely GDP, which initially caused the loss of one million active users per month after its entry into force in May.

Overall, the company continues to grow thanks to global expansion, adding 9 per cent year-on-year to its active daily user base of 1.47 billion. 

The total number of active users in the month grew 10 percent from this time last year, to 2.27 billion people. 

However, and the fact that the company continues to grow its digital advertising business at a staggering rate, Facebook's growth rate continues to decline from quarter to quarter and last year. 

Fear of further user disconnection and lack of retention of new users - and the decline of inevitable advertising revenues - would cause some critics and analysts to worry about his future.

Facebook says advertising revenue grew 33 percent year-on-year to $ 13.73 billion, according to Wall Street analysts. 

The profit was $ 1.76 per share, well above analysts' expectations. 

The company did well enough to warn its investors and eventually press this shift, leading to Wall Street's decline this quarter after suffering the biggest drop in US stock market history in the fourth quarter. 

Therefore, the price of Facebook shares remained constant in trading after working hours.

No comments:

Post a Comment

Bottom Ad [Post Page]