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META
03 Feb 2022
Data price hikes limited Facebook user growth in India: Meta
The profit of Meta declined by 8 per cent to USD 10.28 billion in the December 2021 quarter, from USD 11.21 billion in the same period a year ago. Its monthly active users (MAUs), however, grew 4 per cent on an annual basis to 2.91 billion. The total revenue of Meta jumped by 20 per cent to USD 33.67 billion during the quarter, from USD 28 billion in the same period of 2020.
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