How Big Is Facebook?
Facebook does not need any introduction as it is world’s biggest social networking site, but biggest how?, Facebook has grown tremendously from its startup by its continues purchases and good marketing strategy. Following are some statistics of Facebook and facebook business…
Daily Login’s: 1,200,000,000
Daily Income: $ 27.64 Billion (2016)
What Facebook Own’s/Facebook Business
Facebook Own’s following sites and products;
Facebook eventually purchased ConnectU. It has been operating ConnectU since 2008, though the website itself is technically inactive.
Launched in 2007, FriendFeed is a real-time feed aggregator. It serves up updates from not only social media and social networking websites but also blogs and any other type of RSS or Atom feed. In 2009, Facebook bought FriendFeed for $15 million in cash and $32.5 million in Facebook stock.
Launched in 2009, Nextstop featured short recommendations of places around the world, along with photos, maps and factual information.Facebook acquired the startup in 2010, with the social network gaining most of Nextstop’s employees and assets.
Facebook acquired Hot Potato, a New York-based startup that specialised in social activity updates, in 2010
This acquisition was a game changer. Up until 2012, Facebook spent millions on other companies. But now it spends billions. Specifically, Facebook bought Instagram for $1 billion in cash and stock, making it the social network’s biggest acquisition to date (at the time).
Facebook announced in February 2014 that it planned to acquire hit messaging app WhatsApp for a whopping $16 billion, in a deal that it said would help accelerate growth and user engagement across both companies.
Facebook bought Israeli startup specialising in facial recognition technology known as Face.com. The service provided software that allowed Facebook’s members to identify and tag photos of their friends.
In May 2012, Facebook announced it had acquired mobile gift-giving app and 16-person startup Karma. The deal totaled more than $80 million. However, unlike past acquisitions, Facebook didn’t buy Karma for its talented engineers.
Facebook acquired most of the assets of Drop.io, a start-up that allowed users to privately share files through a drag-and-drop interface with additional options like phone calls and faxing, in 2010.
“Facebook Also own more companies like; Lightbox.com, Friend.ly, Jibbigo, Branch, Oculus VR, ProtoGeo Oy.”
Hence now Facebook has Estimated worth of: $ 59,325,166,125.
For facebook business.