Facebook 700 million Users!

Facebook, now at around 700 million users, is the powerhouse in social networking. Month after month, the service has shown amazing growth figures, that is, until this past May. According to Inside Facebook, Facebook’s growth was 11.8 million users in May, down from 13.9 million new users in the month of April. In each month during 2010, the service added 20 million new users, on average.

Another interesting note from the latest figures, Facebook lost roughly 6 million users in the United States during May and another 1.5 million in Canada. Are users fleeing Facebook, much like MySpace a few years ago? Not likely — the service has surging popularity overseas, as Facebook added 1 million new users in places such as Indonesia, the Philippines, India and Mexico.

1 Comment
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