The number of Facebook users has decreased

The number of Facebook users has never been lower since the journey. The number of Facebook users has increased exponentially with the passage of time.

The number of Facebook users has decreased

Facebook loses users for the first time

At the end of last year, the number of daily users of Facebook decreased for the first time in the world. Ad growth was much less than the desired number. After the release of this information, the stock price of Facebook decreased by about 20%.

Facebook has lost a market value of 200 billion USD to its position as an organization in the stock market.

Not only is the user growth of Facebook, Instagram, and WhatsApp slowing down. In addition to this, the number of daily users of the Facebook app has decreased by about 10 million in North America, where it is known that Facebook used to earn the most through advertising.

A spokesman for Facebook confirmed that the number of Facebook users has been reduced due to all these problems. This is the first such incident in the history of the website.

Facebook previously had 1.93 billion daily users, after down Facebook has 1.929 billion daily users. Meta is a for-profit organization, no doubt about it. The company made 40 billion USD in profits last year, with a high figure coming from advertising.

However, Quest VR headset makers are spending billions of dollars on reality labs, VR software, AR glasses, and other metaverses. The sector lost about 10.2 billion last year, of which only  2.3 billion came from revenue.

Part of Meta's profit comes from the purchase of Quest and its VR app. Meta has not yet commented on Quest's sales, but third-party sources say that about 10 million units have already been sold. Zuckerberg told investors in a call on Wednesday that the next Meta VR headset, which will be in the high-end price category, is coming this year.

Also Read : Facebook Marketing

Mark Zuckerberg, the CEO of Reality Labs, has said that the work of Reality Labs will accelerate in the near future. Mark Zuckerberg is optimistic that VR and AR will create a huge computing platform in the future.

Why Facebook lost users?

Here the following reasons are being considered as possible.

1. In the eighteen years of Facebook's life, the site has reached a high point of user acquisition, so many people think.
2.  Facebook tracking is not working as before as the privacy policy on iPhone and Apple devices has become more stringent. As a result, advertisers are having problems. As a result, Facebook's revenue is declining, which could affect their investment and customer retention budgets.
3. TikTok is also taking a lot of users.
4. Many privacy concerns have also been raised about Facebook due to various privacy issues.