Saturday, June 4, 2011

One sixth of world population to be on Facebook by 2012




ALTHOUGH COMPETITOR sites are trying tooth and nail to attract more users, Facebook dominates the market. The number of Facebook users is expected to reach a record 1 billion by next year, according to statistics site Social Bakers. The US boasts of the highest number of Facebook users in the world - 149 million - which stands at around half the country’s population.
 
There has been a significant growth in the number of Facebook users in Brazil as well. Over 1.9 million users joined the site in May. Countries such as Indonesia, Philippines, Mexico and Argentina have also seen a tremendous growth in the number of Facebook users in the last few months. The increasing popularity of the site comes as no surprise to Facebook founder Mark Zuckerberg. Last year, when number of site users reached 500 million, Zuckerberg said that he was very happy with the figures, but saw no chance of reaching the 1 billion mark. However, he added that it was “guaranteed” to happen.
 
Around 80 million new users joined Facebook in the first quarter of 2011, increasing from 585 million to 665 million. The young internet entrepreneur stressed that he was quite pleased with the way Facebook was progressing with only four countries left where growth was still required, including Russia and China. If Facebook continues to grow at the current pace the day is not far when Zuckerberg’s dream of floating the site on stock market would come true.

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