Facebook rolled out Watch globally in August 2018, one year after it debuted in the US.
Although the user growth did not specifically mention of Singapore among other Southeast Asian countries, the number could not be taken for granted.
Speaking on the company's fourth quarter and full year 2018 results call, Zuckerberg said that 400 million people use Watch every month and that people spend on average more than 20 minutes on Watch daily. In response to a question during the earnings call regarding Stories ad adoption, Facebook chief operating officer Sheryl Sandberg reported two million advertisers were now using Stories ads - but did not clarify if those were Facebook Stories or Instagram Stories ad units. "I think it's the direction that we should be going in with more things in the future", he told analysts.
During the quarterly earnings conference call this week, CEO Mark Zuckerberg used the example of Marketplace, Facebook's local ecommerce platform, to explain why the integration might make sense.
Zuckerberg said that messaging is growing most quickly and predicted that private sharing in groups and stories will become more central to the social experience as people opt to share less publicly.
Zuckerberg says the area he's most excited about when it comes to Instagram, is delivering "qualitatively new experiences" in commerce and shopping.
Monthly and daily users of the main Facebook app compared to last quarter were up 2.2 percent (up 9 percent from a year earlier) to 2.32 billion and 2.0 percent 1.52 billion, respectively. It's important to remember there will be almost 1.9 billion Internet video users by 2021, a statistic that seems to have been adopted into the very core of Facebook's global strategy.To this point, Facebook remains one of the few platforms that can claim a truly global presence - in 2019, the number of Facebook users in China is expected to reach 56.58 million.
Of the 1.52 billion global users during the fourth quarter, 186 million were located in the USA and Canada.
A report last week claimed Mark Zuckerberg was planning on merging the underlying platform of Facebook Messenger, WhatsApp, and Instagram messaging into one.
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Rakhee Jogia, VP, Strategic Partnership & Supply at Rakuten Marketing, added: "These results are testament to Facebook continuing to empower brands with new advertising and ecommerce options across its portfolio of platforms". Wells Fargo & Co set a $220.00 price target on Facebook and gave the stock a "buy" rating in a research note on Monday, October 29th.
"There's a lot more that we need to figure out before we finalise the plans", the Facebook CEO said.
It has been cleared that all three apps will still stay separated and will work like they do now.