• Home
  • Computing
  • Internet
  • Tips
  • Designs
  • Downloads
  • Inspiration
  • Wallpapers
  • DIY
  • Technology
  • Travel
  • Home
  • Computing
  • Internet
  • Tips
  • Designs
  • Downloads
  • Inspiration
  • Wallpapers
  • DIY
  • Technology
  • Travel
HomeInternetThe Amazing Business Behind Facebook
Previous Next

The Amazing Business Behind Facebook

Posted by: admin , September 2, 2010

Facebook was launched by Harward student Mark Zuckerberg and his roommates in Febuary 2004, but it didn’t turn a profit until late 2009.

Many people did not know that why Facebook is free to use. So, how Facebook is able to provide funding to serve its huge growing networks with over more than 500 million users? Actually, there are many amazing businesses behind the scenes of this company.

Facebook actually earned a lot of money and also created many new profitable industries that benefits itself and also for other people. Some industry sources claimed that Facebook made between $600- $700 million in 2009, the incomes are from brand advertising, Microsoft advertising, Facebook credits and performance advertising.

In July 2010, Facebook teamed with Amazon to provide shoppers with purchase recommendations and upcoming birthday reminders so that a user can purchase gifts through Amazon website and send to friends with birthday.

Currently, the value of Facebook is more than $20 billion.

The infographic here via skitzone provides more information on interesting facts and rumors about Facebook.

Tags: facebook, infographic

Related Posts

Saudi Arabia is Building a NEOM City, 33 Times Larger than New York

This extremely huge city runs on 100% renewable energy. It’s Saudi Arabia’s proposa ...

Check Previous Pending Friend Requests Sent in Facebook (HOW TO)

Connecting with friends via Facebook is a great way to have a broader understanding of both you ...

Get Your Readers’ Attention in Blog Post [Infographic]

In this infographic, you will learn a way how you can improve your blogging skills to keep your ...

Apple iPhone’s History Development Timeline

Apple’s iPhone 5S and iPhone 5C are now available on the market. For iPhone users, do you ...

Leave a Reply Cancel reply

Welcome to Version 2.0

Powered by Wordpress. Hosted with Exabytes. Copyright © All Rights Reserved.| Sitemap.
  • About
  • Contact
  • Privacy Policy