Facebook lost daily users for the first time ever in the U.S. and Canada
Facebook lost daily users for the first time ever in the
U.S. and Canada
It was a small but negative change to daily active users
in Facebook’s most valuable market.
By Kurt Wagner and Rani Molla Jan 31, 2018, 5:01pm EST
Here’s a troubling data point if you’re a Facebook
investor: The company may have finally tapped out its most valuable market, the
U.S. and Canada.
Facebook’s daily active user base in the U.S. and Canada
fell for the first time ever in the fourth quarter, dropping to 184 million
from 185 million in the previous quarter.
It’s a very small decline in a market that Facebook
already dominates. But it’s also Facebook’s most valuable market, and any
decline in usership — even a small one — isn’t a great sign.
Each user accounted for $26.76 worth of revenue for the
company last quarter, and it went up by 35 percent over the same quarter last
year.
It’s not clear why that segment got smaller. But it has
been a tough year for Facebook in the U.S., and most of the company has been
grappling with the fact that Facebook’s service was used by Russian actors to
try and sway the 2016 presidential election. Perhaps U.S users are grappling
with that, too.
Overall, Facebook’s daily active user audience was up 32
million people in Q4. But it was the smallest quarter-over-quarter increase in
two years.
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