Facebook posted a net profit of $896 million, a growth of 11% from the same quarter last year. Ad revenues on the social network jumped 45% year-on-year to $4.3 billion in the third quarter. As Facebook looks for more growth opportunities in developing markets, it's focus is currently on India and here are some of the takeaways we got from its earnings and call with analysts: 1) India is leading in growth of daily active users (DAUs) Answering an analyst question on user growth, Facebook chief financial officer, Dave Wehner said that the largest countries in terms of DAU growth were India, the United States and Brazil. "We've made a lot of initiatives to help improve and invest in the Facebook experience in emerging markets and that has helped drive some of the acceleration and growth. So we made a number of product and performance investments there with Facebook Light being a good example of that," he added. Facebook India’s DAUs were at 59 million in Q1, up from 55 million in Q4, out of which 53 million DAUs come through mobile (as opposed to 49 million DAUs in Q4), accounting for over 89.8% of Facebook’s daily traffic as of March 2015, the company informed Medianama. Facebook's DAUs at the end of the third quarter stood at 1.007 billion with 300 million coming from the Asia Pacific region. The number of DAUs on mobile stood at 894 million. CEO Mark Zuckerberg mentioned that there are over 50 million people who use Facebook Lite. 2)…
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