Facebook Status
The company (NAS:FB) received an undisclosed amount of development capital from Sequoia Economic Infrastructure Income Fund on April 8, 2018 through a private placement.
Facebook Inc is the world's largest online social network, with more than 2 billion monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. On the video side, the firm is in the process of building a library of premium content and monetizing it via ads or subscription revenue. Facebook refers to this as Facebook Watch. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktop. Advertising revenue represents more than 90% of the firm's total revenue, with 50% coming from the U.S. and Canada, and 25% from Europe. With gross margins above 80%, Facebook operates at a 40%-plus margin.
Year Founded
2004
Employees
35.6 K
RevenueFY 2018
$55.8 B
Net IncomeFY 2018
$22.1 B
General Information
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Website
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Business Status
Profitable
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Ownership Status
Publicly Held
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Financing Status
Formerly VC-backed
Facebook News and Updates
Facebook Inc. Cl A stock falls Monday, underperforms market
MarketWatch | March 8, 2021
Indiana Marine donates kidney to stranger after seeing Facebook post
Marine Corps Times | March 8, 2021
Facebook VR venture could include realistic avatars, Zuckerberg says
CNET | March 8, 2021
Facebook: A Worthy Judge of Medical Info?
MedPage Today | March 8, 2021
Connecticut bill would tax digital ads on Facebook, Google, raising as much as $250M a year
Hartford Courant | March 8, 2021
Facebook Publishes New Guide on Gender Imbalance and Inclusion
Social Media Today | March 8, 2021
Facebook's Feed
Facebook Primary Industry Sector / Group / Code
Facebook's Trends
Facebook Metrics
SimilarWeb Unique Visitors
Majestic Referring Domains
Twitter Followers
Headquarters
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HQ Address Line 11 Hacker Way
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HQ CityMenlo Park
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HQ State/ProvinceCalifornia
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HQ Post Code94025
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HQ CountryUnited States
Facebook's Keywords
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