Wednesday, September 16, 2009

Facebook Keeps Growing - Digits - WSJ

More impressive results

Among other things, the Palo Alto, Calif., start-up said that it has reached the 300 million user mark. That means Facebook added a whopping 50 million users from July, when it announced it crossed the 250 million user mark.

Facebook spokesman Larry Yu declined to break down where the growth is coming from. But the company noted that 70% of its user base is now outside the U.S., signaling a big chunk of the growth is international.

Facebook had good news on the business front too. The company, which had previously said it expected to be cash-flow positive in 2010, reached that milestone last quarter, CEO Mark Zuckerberg said in a blog post.

Facebook Keeps Growing - Digits - WSJ

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