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Facebook tops a billion users a day

Facebook tops a billion users a day
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Facebook shares rose by around five percent after the company’s quarterly results beat estimates.

The social media network now has 1.1 billion users a day, with over 1.5 billion monthly active users – the vast majority using the service on mobile devices.

A huge increase in mobile advertising boosted overall ad revenue by 45 percent.

Mobile commercials are growing fast generally, driven by Facebook’s growth according to some analysts.

Total revenue jumped to $4.5 billion dollars (4.13 billion euros) in the third quarter, up from $3.2 billion (2.94 billion euros) a year earlier.