‘Facebook’s Growth Is Slowing—So It’s Going To Expand The Internet’ – ‘ReadWrite’
Selena Larson says, “Facebook hasn’t peaked yet, but that point may not be far off.
While 1.35 billion people use Facebook each month, its growth continues to slow, as it reported in its third quarter earnings report on Tuesday. Facebook’s monthly active user count rose 13.5% year over year in the third quarter, compared to 14% in the second, 15% in the first quarter, and 16.3% in the fourth quarter of 2013.
Its continued slow growth points to a problem, albeit an enviable one. So many people already use Facebook that it’s having increasinging difficulty attracting more of them, thanks largely to a lack of reliable Internet service in the developing world”.
Facebook’s Growth Is Slowing—So It’s Going To Expand The Internet
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