According to Facebook’s parent company Meta Networks, Facebook reportedly lost around 500,000 daily users in the last three months of 2021 going by the quarterly earnings report. According to Facebook's parent Meta, DAUs dropped to 1.929 billion in the three months ending in December, down from 1.930 billion the previous quarter. 'The SME India Council will meet few times over the coming months to discuss progress on solutions, business ideas, new successes and challenges and meet our teams,' the statement added. Facebook has seen a drop in its daily active users (DAUs) for the very first time since it was established in the US in 2004. In February 2022, Facebook's daily active users dropped for the first time in its 18-year history. The company has set up a SME (small and medium enterprises) India Council, first in Asia Pacific two years after forming an India Client Council with global advertisers in 2014. Noting that one billion people on its site were connected to at least one business, the company said the top three verticals building pages were services, local commerce and e-commerce. Facebook added 5 million daily active users in 2020, but that's while losing daily active users in the US and Canada throughout the year. However, that growth entirely has come from outside of North America. 'As part of the tool, businesses are able to upload their photos from their page, overlay with music and share what they are in the business of doing,' the statement said. In it, we learned that the social network has added almost 300 million more active users over the course of 2020. Marking the occasion, the company also announced developing 'Your Business Story' tool, which makes it easy for owners to showcase their company's product or service offering to the world. 'More than one billion people on Facebook are connected to at least one business.And, in India, 57 percent of people of Facebook are connected to a small business, the statement noted. About 70 percent of them are from outside the US,' the statement revealed.Īsserting that it was a bridge to the new mobile economy for small businesses, helping them communicate with customers anytime, anywhere, the Silicon Valley firm said 50 million of them used its fee pages product to grow. 'Over three million businesses advertise on our site, which is an increase of 50 percent in one year. The platform also boasts of having in India 142 million monthly active users (MAU), including 133 million accessing it on mobile. 'In India, we have 69 million DAU, of which 64 million access our site on mobile,' the US-based social network firm said in a statement here. Bengaluru: Social media network Facebook on Wednesday claimed it had 69 million daily active users (DAU) in India, including 64 million accessing its website on mobile. In May, Facebook announced that Facebook Stories have 150 million users per day and Messenger Stories, 70 million.

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