Facebook report that they losing 2 million daily users in the US and Canada in the last three month. Though, the US and Canada are important markets for Facebook.
But in both these markets the user is losing the medium of social communication. The growth rate of Facebook users at the beginning of the Covid-19 epidemic has begun to decline.
Facebook said in its third-quarter earnings announcement that its growth in the US and Canadian markets was low. These two are their attractive advertising market. This information has been informed in a report by Business Insider.
In other words, the number of Facebook users has decreased by more than 2 million in three months. The user reduction rate was expected, he said in a statement on Facebook. Throughout the year, Facebook users may maintain a declining rate.
As expected, daily and monthly active users of Facebook in the United States and Canada declined in the third quarter of the year, according to a Facebook release. The number of users for the Covid-19 epidemic increased in the second quarter of the year. This trend will continue in the fourth quarter of the year. Users may be slightly lower than in the third quarter of the year.
When the lockdown started due to the coronavirus epidemic at the beginning of the year, the number of Facebook users increased dramatically. However, the picture is different before the end of the year.
Although the number of users in the United States and Canada has decreased, the number of users has increased in different countries of the world including Asia.
Various apps of the Facebook family such as Facebook, Instagram, WhatsApp and Messenger are being highlighted. According to the data of Facebook, all the apps of Facebook are being used by 2.54 billion people daily till September.
Although the number of users has decreased, it has not affected the income of Facebook. Facebook earned 214 billion in the third quarter of this year, up 22 percent from the same period last year. Facebook’s earnings exceeded analysts’ forecasts.