5 November 2015 Last updated at 17:26 GMT
It is a staggering number, and represents double the figure reported in April.
What is more it appears to dwarf the billion views YouTube clocks up daily, although it is not a true like-for-like comparison.
Facebook's aggressive push into video will surely delight advertisers who can promote their products alongside popular clips.
But YouTube star Tom Ridgewell - who has nearly four million followers on YouTube - told the BBC he was not convinced that Facebook was a big threat to Google's service.

Its youth wing was responsible for attacking and killing opposition supporters, the rights group said.
The CNDD-FDD party has not has yet commented on the allegation.
Burundi is recovering from a brutal civil war that ended with President Pierre Nkurunziza's election in 2005.
Speculation is rife that he intends to run for a third term in the June 2015 election, despite opposition claims that this would be in violation of the constitution which imposes a two-term limit.
The CNDD-FDD's youth wing, Imbonerakure, has "strong links to the security  services and are responsible for perpetrating human rights abuses with  impunity", Amnesty said in a report.
At least one opposition member was shot and killed by two soldiers on the orders of a local official and an Imbonerakure member, Amnesty said.
"Another opposition member had his teeth knocked out during a beating," the report said.
More than eight billion videos are now viewed on Facebook every day, according to the social network.
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Burundi's ruling party is waging a "relentless campaign of intimidation" against its critics ahead of presidential elections next year, Amnesty International says.