Isn't it suspicious that the losses conveniently happened in Africa and Latin America which contribute to a smallest share of their revenue

More likely FBs network effort is the weakest in those markets: less internet penetration, weaker brand loyalty, Fb is also relatively new in these markets, more competition from tiktok and others.

These markets likely to first have user attrition

I think they only lost a half million users (which wouldn't even show up as a blib on that number)

This may be like the first time McDonalds posted a loss:

http://news.bbc.co.uk/2/hi/business/2688665.stm

I still remember it and the changes that came after it, the McDonalds of today is nothing like the McDonalds of 2003.

We'll see what Facebook does, I assume buy out Snapchat or Tiktok or some other product where the kids hang out.

> I still remember it and the changes that came after it, the McDonalds of today is nothing like the McDonalds of 2003.

Building remodels aside, what are you referring to? They have chicken wraps and salads? Otherwise it seems more or less the same McDonalds of my childhood?

Moving towards chicken in general was a big one as chicken has soared in popularity.

Do we have any hypotheses, anecdotes, etc for why that's happening in these regions?