"In India, we have 69 million DAU, of which 64 million access our site on mobile," the US-based social network firm said in a statement here.

The platform also boasts of having in India 142 million monthly active users (MAU), including 133 million accessing it on mobile."Over three million businesses advertise on our site, which is an increase of 50 percent in one year. About 70 percent of them are from outside the US," the statement revealed.

Asserting that it was a bridge to the new mobile economy for small businesses, helping them communicate with customers anytime, anywhere, the Silicon Valley firm said 50 million of them used its fee pages product to grow."More than one billion people on Facebook are connected to at least one business.

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And, in India, 57 percent of people of Facebook are connected to a small business, the statement noted. Marking the occasion, the company also announced developing 'Your Business Story' tool, which makes it easy for owners to showcase their company's product or service offering to the world.

"As part of the tool, businesses are able to upload their photos from their page, overlay with music and share what they are in the business of doing," the statement said.