Instagram must save Facebook now – News Economy: Business



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Facebook disappointed by its quarterly figures: The share price of the social network fell by 24 percent in the hours that followed. Thus, the group lost nearly a quarter of its market value, about $ 150 billion. Above all, the group has remained below expectations in terms of the number of users. The number has increased to 2.23 billion. Experts had forecast 2.25 billion users

In the EU, the number of monthly active users had decreased by about one million after the entry into force of the new regulation on data protection. In Switzerland too, the number of users is decreasing: The Bernetblog portal, which assesses the Facebook adplanner's quarterly figures for Switzerland, recorded a further drop in the number of users in the second quarter.

More than a billion Instagram users

Especially for users under the age of 20, the portal is no longer popular. Here, the decline in the last quarter of Bernetblog was 9.5% compared to the previous quarter. Compared with June 2017, the number of U-20 users has even decreased by 26.5%. Younger users move on to other services, such as Snapchat or the Facebook affiliate of Instagram.

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