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Facebook Becomes a (Really Big) Country

Written on
Jan 7, 2009 
Author
Edward Barrera  |
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Facebook Becomes a (Really Big) Country

facebook_small.jpgADOTAS — Heh. I loved this line from the new stats released by the social network’s founder Mark Zuckerberg, “if Facebook were a country, it would be the eighth most populated in the world, just ahead of Japan, Russia and Nigeria.”

According to the company, 150 million people are now members, with half of them using Facebook every day. There are users in 170 different countries and at least 35 languages are spoken.

Facebook, which projected between $250 million to $300 million in 2008 revenue, is also working out the kinks in specific advertising sales. Though it has brought in money from virtual gifts, advertising represents 85 percent of it’s revenues and has added video ads that users can leave comments on, as well as branded virtual gifts.

So while it still hasn’t become profitable, and smaller social networks are cratering, the site is adapting. I think one difference is the way its being used. Friending someone isn’t just about being friends with someone, or apparently even liking them anymore, now it’s becoming more open. It’s starting to be used as a networking site for all types of reasons and taking users to other sites.

– Express your opinion, comment below.





Reader Comments.

It’d be an incredibly unproductive country where people popped in for a brief chat, to spy on their friends, to look at endless photos mostly of drunken friends and people they’ve never met before, before leaving having realised their boss is approaching their desk.

Posted by Mike P | 12:28 pm on January 7, 2009.

“There are users in 170 different companies and at least 35 languages…” – did you mean to say “170 different countries”?

Posted by Reshall Jimmy | 1:44 am on January 8, 2009.

Reshall,
Yes. Thanks. It’s fixed.

Posted by Edward Barrera | 8:59 am on January 8, 2009.

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