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Drop in Facebook user numbers wipes $200 billion off company’s value

By France24
03 February 2022   |   1:31 pm
For the first time since inception in 2004, Facebook lost about 5 lakh users on a daily basis during Oct-Dec 2021. That saw the shares of its parent company, Meta, plunge 20 percent on the exchanges, wiping off $200 bn in market capitalisation.

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