Facebook attracts 1.71 billion monthly users

Facebook’s financial results for the quarter ended 30 June 2016 show strong growth for the social network.

“We’re particularly pleased with our progress in video as we move towards a world where video is at the heart of all our services,” said Facebook.

The highlights of the second quarter were:

  • Daily active users (DAUs) – 1.13 billion on average for June 2016, increase of 17% year-over-year.
  • Mobile DAUs – 1.03 billion on average for June 2016, increase of 22% year-over-year.
  • Monthly active users (MAUs) – 1.71 billion as of June 30, increase of 15% year-over-year.
  • Mobile MAUs – 1.57 billion as of June 30, an increase of 20% year-over-year.

Financial highlights were:

  • Mobile advertising revenue – approximately 84% of advertising revenue for the second quarter of 2016.
  • Capital expenditures – was $995 million.
  • Cash and cash equivalents and marketable securities – $23.29 billion at the end of the second quarter.

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Facebook attracts 1.71 billion monthly users