Facebook has been facing numerous public relations crises, yet it kept its habit of growing in Q3 of 2019 still. It was another rough quarter for Facebook’s public perception as it dealt with outages and struggled to get buy-in from regulators for its Libra cryptocurrency project. Former co-founder Chris Hughes campaigned for splitting the social network up. This is a position Elisabeth Warren and other US presidential candidates have taken as well.
Notably, Facebook gained 2 million users in each of its core US & Canada and Europe markets that drive its business, after quarters of shrinkage, no growth, or weak growth there in the past 2 years. Facebook says 2.2 billion users access Facebook, Instagram, WhatsApp, or Messenger every day, and 2.8 billion use one of this family of apps each month.
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