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
-
Website
-
Business Status
Profitable
-
Ownership Status
Publicly Held
-
Financing Status
Formerly VC-backed
Facebook News and Updates
Move Over Facebook, TikTok, Snapchat — This New Social App Is All The Rage Among Stanford Undergrads - Me
Benzinga | October 6, 2022
Facebook's London employee pay surges past £260000
Evening Standard | October 6, 2022
Disinformation in Spanish is prolific on Facebook, Twitter and YouTube despite vows to act
The Guardian | October 6, 2022
The Election-Swinging, Facebook-Fueled, Get-Out-the-Vote Machine
WIRED | October 6, 2022
Facebook Follower Numbers Mysteriously Drop Across U.S. Publisher Pages
Newsweek | October 6, 2022
FBI Sued for Withholding Records of Facebook Censorship of Hunter Biden Laptop Story
The Epoch Times | October 5, 2022
Facebook's Feed
Facebook Primary Industry Sector / Group / Code
Facebook's Trends
Facebook Metrics
SimilarWeb Unique Visitors
Majestic Referring Domains
Twitter Followers
Headquarters
-
HQ Address Line 11 Hacker Way
-
HQ CityMenlo Park
-
HQ State/ProvinceCalifornia
-
HQ Post Code94025
-
HQ CountryUnited States
Facebook's Keywords
Add a review