Facebook Announces 1 Billion Monthly Active Mobile Users

Facebook is definitely on a roll here, being a company that is worth many billions over. The thing about Facebook is, most of their acquisitions in recent memory such as WhatsApp and Oculus VR were paid in a mix of cash and stock, and we do know how stock prices go at the end of the day most of the time. It seems that mobile is the way to go for Facebook, as majority of the folks out there still Facebook from their smartphones.

In fact, it seems that Facebook has now more than a billion active mobile users, at least that is the figure that Mark Zuckerberg provided in a call with investors after Facebook picked up Oculus VR for $2 billion earlier this week, being a startup that specializes in virtual reality. Compare it to December last year, Facebook did have 945 million active mobile users, so to see it grow this much in just a matter of one quarter on the mobile front is an encouraging sign.