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Luxury Tech, Business Events, and Insight for Global Intellectuals > Blog > Social Media + Networking > Facebook > Facebook hits the 1 billion users mark
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Facebook hits the 1 billion users mark

becca
Last updated: 2012/10/04 at 8:42 PM
becca
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It’s only been 8 years since Mark Zuckerberg started Facebook, the most successful social media site in history, and now he’s reached another major land mark. Zuckerberg announced today that as of September 14th Facebook now has 1 billion active members. It was only back in 2010 that Facebook reached the 500 million user mark making is one of the fastest growing websites in the history of the internet. According to comScore Inc., Google is the only other site to have 1 billion users but it took the company 14 years to get that much traffic. Zuckerberg issued a statement today in regards to the achievement. “We belong to a rich tradition of people making things that bring us together. We honor the humanity of the people we serve. We honor the everyday things people have always made to bring us together. Chairs, doorbells, airplanes, bridges, games.” The next challenge for Zuckerberg and the folks at Facebook is how to translate the traffic into increased revenue. Facebook only generated $4 billion in revenue last year compared to the $38 billion that Google was able to generate from a comparable number of users.

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becca October 4, 2012 October 4, 2012
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