India, Indonesia power Facebook’s daily active user base growth to 2.45 bn

Social media giant Facebook has seen a nine per cent growth in its daily active user base to 1.62 billion in the September 2019 quarter, driven by markets like India and Indonesia.

The US-based company saw its net income growing 19 per cent to $6.09 billion in the September 2019 quarter from the year-ago period. Its total revenue also increased by 29 per cent to $17.65 billion year-on-year in the said quarter.

“Daily active users reached 1.62 billion, up 9 per cent compared to last year, led by growth in India, Indonesia, and the Philippines. This represents approximately 66 per cent of the 2.45 billion monthly active users in September,” Facebook Chief Financial Officer David Wehner said during an investor call.