Your favorite social networking outlet Facebook is all set to celebrate its 10th anniversary today. A small virtual table of a few friends gossiping together gradually has become a monstrous engagement playground where mutual connect turned the buzzword. As of now Facebook is a global yet virtual world that tenders a truly wide platform to convey love, friendship, compassion and relations.
Facebook Celebrates 10th Anniversary and turned 10 today. In the past 10 years Facebook almost made the world a center stage without boundaries with more than 900 million active users in its kitty. Due to its popularity and consistently growing user base Facebook beats all its competitors with huge margin. Facebook isn’t merely a social networking site but a now a full-fledged company established by Mark Jukerberg on 4th February 2004. This Howard university graduate started the venture as a platform to share ideas and experiences among the like-minded people.
In year 2013 Facebook earned $ 7.87 million with a profit margin of $ 1.5 million. Although Facebook is equally popular across the demographic locations including USA and India, a recent study done by i-strategy labs confirmed the increasing disenchantment of American youth from Facebook. According to them Facebook offers nothing new and things have become monotonous. In between January 2011 to 2014 over 3 billion Facebook accounts have been deactivated by the users in the age group of 13-17 years.
Unlike America, the number of users in India is surging with an alarming rate. Keertiga Reddy, Facebook India chief admits that Mark Jukerberg endorses India as an important market and a role model for emerging economies all across the world. Interestingly India has the huge Facebook user base of 114.8 million Facebook users, a step behind the US with 146.8 million users. Reddy added that after one year or one and a half, Facebook will be taken up at the next levels. Work is in progress.
Salient Facebook Statistics:
- Started by Mark Jukerberg on February 4, 2004
- There were 900 million Facebook users in 2012
- Till 2013 December Facebook had an employee strength of 6337
- Approximately 81% of users are from outside USA / Canada
- Facebook launched its first IPO on 18 May 2012