Actionable news
All posts from Actionable news
Actionable news in AAPL: Apple Inc.,

India Facebook Users Surpass U.S.: Is It Demonetization, Apple?

With 241 million active Facebook (FB) users, India has surpassed the United States user base.

Facebook reported a "potential audience" of 241 million active users in India as of July 13, versus 240 million in the United States, according to The Next Web contributor Simon Kemp. He notes that Facebook use in India is up 27%, or by 50 million users, in the past six months. That's twice the user growth in the United States in the same period.

In November, India took 85% of the country's cash out of circulation in a demonetization move that forced more people to transact digitally. To the degree that more people got Samsung...