Facebook hits 750 million users

Facebook hits 750 million users
It has only been almost a year since their last major milestone but growth has accelerated and Facebook has now reached 750 million users, massive growth by any standard.

In July 2010, the company announced it had reached 500 million users.

Facebook would not confirm the number, as it is evidently waiting for the 1 billion milestone but most active watchers believe the number is accurate, or at least very close.

Despite the massive growth, some numbers suggest Facebook has reached saturation in the U.S., where active users fell by 6 million in the last month and where new members joined at a much slower pace than in the past.

In an effort to create new revenue streams, Facebook has begun experimenting with sponsored status updates, which can be commented on by users.

Facebook is set to IPO in the next year and has a current market value of $100 billion, making it one of the largest tech companies in the entire world.

Written by: Andre Yoskowitz @ 24 Jun 2011 22:28
Facebook Users
Advertisement - News comments available below the ad
  • Clam_Up

    In other words, there are six billion, 250 million people whom don't use facebook. It's with this latter group I prefer to associate.

    25.6.2011 06:50 #1

  • borhan9

    Honestly i did not bother reading the whole article only the heading would you not think that 750 million is still soo small for a company like Facebook.

    25.6.2011 09:14 #2

© 2024 AfterDawn Oy

Hosted by
Powered by UpCloud