Stock Highlights: Facebook (NASDAQ FB) Messenger Crosses 500M

Facebook Inc (NASDAQ FB) announced that that its messenger app has more than 500 million users per month. The Facebook Messenger is the first standalone app of the social network giant. It was developed to provide users with a faster and more expressive way to communicate.

According to Peter Martinazzi, director of product management at Facebook Inc (NASDAQ FB), users can communicate with their friends and family instantly using Facebook Messenger because it works as fast as the SMS. Martinazzi emphasized that Facebook Messenger allows users to express themselves in different ways such as sending stickers or videos, taking selfies, chatting with groups and making free calls.

He added that Facebook Inc (NASDAQ FB) continues to improve the speed and reliability of Facebook Messenger. The social network giant updates the app every two weeks to continue is evolution and improvement.

Facebook Inc: FB Messenger

“This is an exciting milestone, but with half a billion people relying on Messenger to communicate and connect, it is also a reminder that there is so much left for us to do,” said Matinazzi.

On the other hand, Facebook Inc (NASDAQ FB) CEO Mark Zuckerberg expressed his gratitude to the company’s users for their loyalty and patience in contributing to the development of Facebook messenger, which is now a serious competitor in the messaging industry.

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Facebook Inc (NASDAQ FB) Business News

Zuckerberg emphasized that messaging is “one of the few things that people actually do more than social networking.” He estimated that approximately 85% of people who are online will use Facebook messenger in many countries. However, he also believed that around 90% or 99% of people in some countries send text messages or SMS.

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