Top 10 Online Companies by Valuation in World 2015
Posted in Top Brand Lists, Total Reads: 1086
Launched on February 4, 2004 by Mark Zuckerberg and his college roommates, Facebook is an online social networking website.
It has its headquarters in Menlo Park, California. Facebook was initially limited to only Zuckerberg’s college students, but it was expanded to include students from other colleges and then universities. It has now become a global platform where anyone who is at least 13 years old is allowed to use it. After logging in, user can add as many friends and connect to them on the go. Most of the Facebook’s revenue comes from advertising. However, it has a lower clickthrough rate (CTR) because most of the young users enable ad blocking software. In 2010, Facebook acquired the domain name fb.com. In 2014, it acquired WHatsapp for US$19 billion. It has caused a large number of users to move to other message services as well.