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Social media giant Facebook has hit the symbolic target of one billion users the company announced on Thursday.

It also claimed 600 million mobile users in the potentially ultra-lucrative market sector that Facebook has yet to find a money-spinning magic bullet for.

Yet the architecture is there, and with the top three user groups identified in booming Brazil, India and Indonesia the share price rose two percent as investors responded favourably.

Copyright © 2014 euronews

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