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Facebook loses active users for first quarter in history

February 4, 2022

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Facebook might have finally reached its peak usage, reporting 1.93 billion daily active and 2.91 million monthly active users in its fourth quarter results.

While only a loss of half a million dailies, it is significant as it is the first time Facebook has reportedly less active users since inception.

The user decline, alongside slowing ad growth, led to a 20 percent plunge in the stock price, cutting Meta’s market cap by $200 billion.

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