Facebook surpasses one billion monthly users
Thursday, 4 October 2012
by Mike Anderson
Social networking site Facebook has reached the 1 billion active users milestone
SAN FRANCISCO, CA -- Facebook, the world's largest social networking site, now has more than one billion users logging on every month, the U.S. company confirmed.
CEO Mark Zuckerberg shared his excitement in a status update on Thursday: "Helping a billion people connect is amazing, humbling and by far the thing I am most proud of in my life."
If Facebook were a country, it would be the third largest in the world, behind China with 1.34 billion people and India with 1.2 billion.
Analysts see a sustained growth as crucial for Facebook to maintain its market value, which since the float earlier this year has already dropped to $22 from $38.
Source: Newsy.com - on October 5, 2012|
Facebook just hit 1 billion active users in September, eight years after launching.
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