Facebook reported its financial results for the quarter and full-year ended December 31, 2020. The social media company revealed that it’s seen an increase in usage, proving that it could thrive despite the COVID-19 pandemic. Here’s a closer look at the full-year highlights: Facebook daily active users (DAUs) – DAUs were 1.84 billion on average for December 2020, an increase of 11% year-over-year. Facebook monthly active users (MAUs) – MAUs were 2.80 billion as of December 31, 2020, an increase of 12% year-over-year. “We continue to face significant uncertainty as we manage through a number of crosscurrents in 2021,” says Facebook CFO, David Wehner. “We believe our business has benefited from two broad economic trends playing out during the pandemic. The first is the ongoing shif...
