Facebook nears the 2 billion users mark

The number of people using Facebook each month increased to 1.94 billion, of which nearly 1.3 billion use it daily, the company has announced.

This is yet another huge landmark for Facebook as they continue to reach new audiences around the world. The 1 billion users landmark came back in 2012 and the social media giant has managed to continue that growth over the past 5 years despite huge competition from other social networks.
Facebook have also reported profits of just over $3bn (£2.4bn) in the first quarter, a 76% rise year-on-year. However, it warned that growth in ad revenues would slow down as usage by advertisers starts to saturate.
Sources: Stats / Facebook