1.25 Billion People Are Now Viewing Facebook Watch Each Month

Facebook (NASDAQ: FB) announced today that Watch -- its video-streaming platform -- has attracted a host of new viewers, with 1.25 billion users watching content on it each month. To give that number context, it's about 46% of the 2.7 billion users that log into Facebook each month.

The platform, which offers a mixture of sports, live content, cooking shows, children's programming, and user-generated videos, has been working to build an audience on par with that of Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) YouTube. The video-streaming veteran reportedly draws more than 2 billion logged-in visitors each month.

Katy Perry debuted her latest music video, "Smile," exclusively on Facebook Watch. Image source: Facebook.

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Source Fool.com