The 20-year-old student Mark Zuckerberg launched The Facebook online on February 4, 2004 in his campus room. The website grew in ten years from a small university social network to the most popular social network worldwide.
1.39 Billion Users!
Today, Facebook has 1.39 billion users who visit the site at least once a month, as reported by the social media during the presentation of the figures for the fourth quarter of 2014. This is a 13% increase compared to the previous year. See below how the page looked like 10 years ago.
The third quarter of 2014 was 1.35 billion active Facebook users. Welcomed within the last three months of the year, the social network has 43 million new active members.
Facebook also announced that 890 million people use the site daily, of which 745 million members visit the site daily through the app. The latter is an increase of 34 percent compared to the same quarter in 2013.
Revenues from Facebook in the last quarter of 2014 amounted to $ 3.85 billion (3.40 billion euros). Analysts expected revenues of $ 3.77 billion (3.33 billion euros). In the fourth quarter of 2013, sales totaled $ 2.58 billion (EUR 2.28 billion). Thus, the turnover of Facebook increased by 48.9 percent! This almost all comes from advertising revenue and 69% are from mobile adds, which is a growing portion. Net profit from Facebook for the fourth quarter of 2014 is $ 701 million (619.8 million euros).
The Future Of Facebook
Facebook is changing it’s strategy from just being an app to become an Internet company with multiple services. The company already has Facebook Messenger, a separate app for chat, and Zuckerberg said this month that many more apps will be made in the next few years.
Besides new apps believes Facebook sacred that it can continue to grow its the core. “The next billion users to add,” mentions Sheryl Sandberg, COO of Facebook, which is the goal of the company for the coming years. In addition, the company is looking to Africa and Asia, the world where the Internet is still emerging. Furthermore, local social networks do better in regions such as Russia and China.
According to Bret Taylor, who was partly responsible for a new search function, boosting apps on Facebook and the like-button, Facebook is so successful because the company is not afraid to change. Let’s see what the future will bring!