May 3,2013-Facebook Inc, the world’s biggest social networking company, on Wednesday said its user base grew considerably during the January-March quarter, including a 10 per cent jump in monthly active users via mobile to 751 million.
The social network’s user base has been an area of some concern to investors of late amid chatter of “Facebook fatigue”, especially among younger users.
But, Facebook said its monthly user base grew 5 per cent to 1.11 billion accounts as of end of March, from 1.06 million at the end of December. This was a 23 per cent growth from a year earlier.
The social network also said it had 665 million active users each day on average in March – up 8 per cent from 618 million in December and 26 per cent from a year earlier.
The number of users logging in to Facebook via their mobiles jumped 10 per cent to 751 million in the January-March quarter, from 680 million in the quarter ended December 2012. The monthly active users via mobiles increase 54 per cent year-on-year.
Instagram now has 100 million monthly users, up from 22 million when Facebook agreed to buy the company in April 2012.
Facebook’s stock rose 12 cents to $27.55 in after-hours trading. The stock closed down 34 cents on Wednesday. It is up 3 per cent since the beginning of the year compared with an 11 per cent increase for the Standard & Poor’s 500 index.
Facebook went public on May 18, 2012, at $38 per share, a price it hasn’t hit since.
Here is a look at how the number of active users at Facebook has grown (Source: Facebook Inc):
– End of 2004: 1 million
– End of 2005: 5.5 million
– End of 2006: 12 million
– April 2007: 20 million
– October 2007: 50 million
– August 2008: 100 million
– January 2009: 150 million
– February 2009: 175 million
– April 2009: 200 million
– July 2009: 250 million
– September 2009: 300 million
– End of 2009: 350 million
– February 2010: 400 million
– July 2010: 500 million
– End of 2010: 608 million
– July 2011: 750 million
– September 2011: 800 million
– End of 2011: 845 million
– March 2012: 901 million
– June 2012: 955 million
– September 2012: 1.01 billion
– December 2012: 1.06 billion
– March 2013: 1.11 billion
