Stock in News: Facebook (NASDAQ FB) Benefiting from Videos

Technology Stocks News 9

Facebook (NASDAQ FB) has been performing well in the previous few months. Facebook was recently in news for the acquisition of a voice recognition start-up named Wit.ai. According to recent reports, Facebook has also been raking in huge benefits from its feature of online videos. Facebook has asserted itself as a major player in the market which has hotshots like Youtube among others. Facebook has certainly had an impact too.

Here in this article, we will take a close look at the increase in the popularity and usage of Facebook videos. We will also speculate about how Facebook stock might react to this increase in usage in the coming months. According to reports, there has been a 75% increase in the number of uploaded videos on Facebook. People have been viewing and sharing these videos in abundance. In the US, this number is as high as 94%.

Facebook is surely making an impressive case for the marketers. The numbers in terms of the videos and the views show the popularity of the social networking website which has more than a billion users.

Facebook Inc: Facebook Videos are Clicking well With Customers

The growth of videos on the social networking site has been huge. The number of videos on Facebook has increased by over 3.6 times in the past year. More than half of the daily users also watch the videos everyday.

The amount of videos watched on Facebook has increased in the recent times due to several reasons. The ice bucket challenges which took place in the second half of the last year, had a big role in increasing the video count of the Facebook. More than a billion videos are being watched on the social networking site daily.

Facebook Inc (NASDAQ FB) Business News

Facebook (NASDAQ FB) has been on a roll. The acquisitions of WhatsApp and instagram have worked well of the stock. They would be hoping to continue their run of form in the coming months.

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