Facebook usage and revenue continue to grow as the pandemic rages on

https://www.theverge.com/2020/7/30/21348308/facebook-earnings-q2-2020-pandemic-revenue-usage-growthMore people at home means more people on Facebook.

Daily users of Facebook increased 12 percent year over year, to 1.79 billion. Monthly usage across its family of apps, which also include Instagram and WhatsApp, rose 14 percent, to 3.14 billion. And Facebook’s mostly ad-based based business rose along with them: the company’s revenue was up 11 percent year over year, to $18.69 billion.

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