Facebook now has 2 billion monthly users, CEO Mark Zuckerberg said on Tuesday.
The milestone comes as Zuckerberg has revealed a new mission for the social network over the past few months. The company, which in the past had focused on connecting the world, is now shifting slightly toward bringing the world closer, a sentiment Zuckerberg echoed in his post announcing the user milestone.
In a Chicago speech last week, Zuckerberg said he strives for users to find “a sense of purpose and support” on Facebook.
“A church doesn’t just come together,” Zuckerberg said. “It has a pastor who cares for the well-being of their congregation, makes sure they have food and shelter. A little league team has a coach who motivates the kids and helps them hit better. Leaders set the culture, inspire us, give us a safety net, and look out for us.”
Facebook has also shifted its technology to focus on augmented reality, an area where rival Snapchat has been considered a pioneer. Facebook will be making the “first mainstream augmented reality platform out of the camera,” Zuckerberg said earlier this year, an “Act 2” for the company.
From a financial perspective, Facebook has flourished off of Act 1.
The company added 80 million monthly users in the first few months of the year, as ad revenue popped 51 percent from a year ago. Facebook made an average $4.23 per user in the first quarter.
— CNBC’s John Shinal contributed to this report.
Source: Tech CNBC
2 billion people now use Facebook each month, CEO Mark Zuckerberg says