Facebook shows relentless global growth
In country after country, Facebook is toppling the incumbent local social network in what seems like an unstoppable march to global dominance.
After overtaking Microsoft's Windows Live Profile in Portugal and Mexico in early 2010, Facebook eclipsed StudiVZ in Germany and Google's Orkut in India later that year, and soon unseated Hyves in the Netherlands, according to metrics firm comScore. Now Facebook is poised to triumph in what has been viewed as its ultimate popularity contest, with comScore indicating the network is likely to dethrone Orkut in social media-mad Brazil when its December data is released. Facebook's relentless spread is a vindication of founder and CEO Mark Zuckerberg's growth-first principle, under which the social network has focused primarily on adding users, not building revenue, since its beginning. Facebook will surpass 1 billion users in the next few months, analysts say, and that population will be a huge asset it can tout to investors as the company prepares for an initial public offering of stock as soon as spring.
Facebook shows relentless global growth