Do you know these things about Facebook?

Business

Facebook is the world’s most popular and most utilized internet-based social site and application established by An American resident, Mark Zuckerberg along with his college mates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, And Chris Hughes. They all studied at Harvard University.

The CEO of Facebook, Mark Zuckerberg is currently in the rundown of the world’s richest individuals. This web-based and app-based social media site is very important in the business showcase. The workplace is situated in Menlo Park, California in the United States Of America.

As detailed in 2019, 44,942 full-time employers work at the central station of Facebook. This long-range interpersonal communication webpage has a site and an app of its own and also they have taken over other social media and life applications, for example, Instagram, WhatsApp, Oculus Giphy, JIO, and Mapillary.

At first, the social site was only available to the students of Harvard but after Zuckerberg realized how immensely popular the app was getting, he released it to the world. Facebook was initially launched in 2004 and for the public in 2006. The social media site helps connect people from all over the world via the internet. It made communication so easy.

In 2019, Facebook’s revenue was calculated to 70.7 billion US dollars. That’s huge. In 2009, Facebook’s revenue was 700 million dollars and now it’s on top of the ladder. Facebook makes most of its revenue from the advertisements that are being posted on Facebook profiles and pages.

Facebook has users from all over the world. India is the country with the most Facebook users which is insane since it’s the second most populated country in the world. Over 280 million Facebook users can be found in India.

Facebook hasn’t stopped growing and we can see in the coming years, it will be more successful.