Facebook Lite finds success in emerging markets (FB)

BI Intelligence This story was delivered to BI Intelligence Apps and Platforms Briefingsubscribers. To learn more and subscribe, please click here. Facebook Lite, Facebook’s stripped-down app aimed at low-bandwidth and emerging markets, hit 200 million monthly active users, accordingto TechCrunch. First launched in June 2015, the app has grown rapidly. In March 2016, the companyrevealedthat Facebook Lite had accrued more than 100 million monthly active users in about nine months, making it the...