Dhaka: Facebook now accounts for about half of the world’s online population with most accessing the social network on a daily basis, reported BBC.

As at the end of the quarter ended in June, 1.49 billion people access the website at least once in a month, up 13% year on year, Facebook said. The number represents half of the estimated global online population of three billion.

The majority of the monthly users now access the social network through mobile devices. As of 30 June, the number of mobile monthly active users increased 23% year over year to 1.31bn.

Daily active users totalled 968 million on average, an increase of 17% over the previous year. The number of mobile daily active users rose by 29% year over year to 844 million.

At the end of the first quarter, Facebook increased its user base to a whopping 1.44 billion, a number that is greater than the population of China.

The higher number of users means increased advertising revenues for the company. For the second quarter, Facebook reported total revenues $4.04bn (£2.59bn, €3.66bn), up 39% from the previous year. Mobile advertising revenue represented about 76% of advertising revenue for the second quarter, up from about 62% in the second quarter of 2014.

Meanwhile, net income, after adjusting for one-time items, increased 28% to $1.44bn.

At the end of the quarter, Facebook had $14.13bn of cash and cash equivalents and marketable securities at hand.