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Facebook saw slower user growth in India due to increased data pricing: Meta CFO Dave Wehner

"Another factor for slowdown in user growth is increased competition from other apps."

February 03, 2022 / 03:04 PM IST

Social networking platform Facebook witnessed slower user growth in its biggest market India in the December quarter of 2021 due to an increase in data package pricing, Meta CFO Dave Wehner said.

During the company's earnings conference call on February 2, he also mentioned that Covid resurgences during prior periods pulled forward user growth in Asia Pacific and rest of the world. However, he didn't disclose any further details.

While the company doesn't provide a country-wise breakup of its user base, Facebook has an estimated 350 million users in the country, according to the market research firm Statista.

In Asia Pacific, Facebook reported a monthly active user base of 1.278 billion in Q4, of which 806 million users are daily active users, which is flat growth from 1.278 billion monthly active users and 805 million daily active users in Q3 2021. Globally, the firm reported its first-ever quarterly decline of daily users, to 1.929 billion from 1.93 billion.