Facebook Lost 1 Million Daily Users in Q4 2021 for the First Time in Its History

Feb. 3, 2022

Meta,which is now a rebrand for Facebook, recently reported that its primary social media platform Facebook saw a decline in userbase for the first time in its history. As a result, Meta saw a massive drop in its stock value, which was nearly 20%, and a $200 billion decrease in its market value, citing competition from rivals like TikTok and Apple’s privacy policies.

Facebook’s Declining User and Ad Growth

Going forward, if Meta cannot solve the core issues of Facebook, the social platform is expected to see a decline in market value and lose more users in the global market. The company expects first-quarter revenue between $27 billion and $29 billion, which is a low expectation. So, what are your views on Facebook’s declining userbase and ad growth? Let us know your views in the comments below.

A geek at heart, you’ll find me fidgeting with an iOS device or sitting in front of the laptop, scouring the internet to find interesting technological innovations. In my free time, you’d find me playing Valorant or listening to Pink Floyd.