Facebook Reaches 1 Bln Active Users , 200 Mln Users on Instagram.


Facebook Reaches 1 Bln Active Users , 200 Mln Users on Instagram.

Facebook CEO Mark Zuckerberg has recently revealed that the company has managed to reach an amazing 1 billion active monthly of users milestone for there mobile device. Facebook has been able to confirm that the number of active user for mobile was up to 945 million in December out of a total of 1.23 billion users. The company also managed to confirm that Instagram has also resin up  and currently has up to more than 200 million users, which is 100 million more users from when Facebook managed to acquire them two about two years back.

Recent Acquisition.

Mark Zuckerberg himself revealed these statistics during an investors call to discuss its recent acquisition of the Oculus Rift, a California based company which specializes in virtual reality product, for an amount of $2 billion. The deal had also included $400 million in cash and 23 million Facebook shares.

That startups main product, which would be the Oculus Rift, A headset like goggle that will “immerse” the wearer into their video games. THe company had managed to acquire its first funding through the crowed funding site know as Kickstarter. It managed to receive over 75,000 for development kits. The crowd funding campaign for Oculus had manage to raise an approximate amount of $2.4 million. That’s 10 time the amount they had originally been looking to reach for. The company eventually managed to secure a funding of $75 million from investors.

Facebook’s CEO, Mark Zuckerberg, stated that Oculus’ technologies could “change the way we work, play and communicate”.

In a recent statement released, Facebook said it plans to expand the use of Oculus technologies to include “communications, media and entertainment, education and other areas”.


Facebook has also confimred that recently more that 375 million users Play Facebook connected games every single month. The social networking giant has also confirmed that it receives more than 735 million referrals per day. The data has also included games from both the desktop and mobile devices.


About Author

Kevin is passionate about startups and loves to write about them. Previously Kevin ran a design studio. Now he loves to write about tech and startups.

Entrepreneur Sky @Copyright 2014