Facebook now has 2 billion monthly users

The internet giant announced it had one billion monthly users in October 2012, meaning it has doubled the number of its users in just under five years.

And the CEO replied, 'We still have a long way to go to connect everyone'.

Zuckerberg unveiled Facebook's updated goal on Thursday at the social network's first Community Summit, a gathering in Chicago of leaders from 120 different Facebook Groups, Forbes.com reported. If Facebook were a country, it would be the most populous.

This was announced by its founder Mark Zuckerberg in a post on the platform.

With 2 billion users, Facebook now reaches roughly 26 percent of the world's population.

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As part of that effort, Facebook says it plans to hire an additional 3,000 people in the next year to review posts. Over 800 million people like something on Facebook each day, and more than 175 million people share a love reaction.

For Gartner analyst Brian Blau, Facebook appears to be striving to become "more of a community company than a technology company". 13 years after launching and less than 5 years after hitting 1 billion, Facebook now has 2 billion monthly active users. It's a far cry from the 100 million (or 5%) of users who are now engaging in groups Facebook deems to be "meaningful communities", and Facebook will be up against an incredible odds when it comes to getting users to solace within an online space which has housed live-streaming violence, fake news, and one of the most brutal battlefields during the 2016 election.

To Zuckerberg, now 33, the effort to foster "meaningful" communities reflects his recent interest in ways Facebook can make the world a less divisive place, one that emerged following the fractious 2016 presidential election.

Facebook Inc shares were trading at $151.80 per share on Tuesday afternoon, down $1.79 (-1.17%). The Company's products include Facebook, Instagram, Messenger, WhatsApp and Oculus. "If we can get that to 1 billion, we will have reversed the whole declining trend for decades and start re-growing it to strengthen the social structure".

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