You are here:
Home > News > Facebook Revenue $800 Million In 2009
Facebook Revenue $800 Million In 2009
Monday, 21 June 2010 22:06
Social-networking powerhouse Facebook saw its revenue climb as high as $800 million in 2009, $100 million more than previously estimated, according to a media report.The Reuters news agency reported the higher revenue, citing unnamed sources. One of those same sources told the agency Facebook had also seen net profits in the tens of millions of dollars last year, Reuters said.Industry blog Inside Facebook had previously estimated that Facebook made as much as $700 million in revenue last year, and Facebook board member Marc Andreessen said last year that the company would surpass $500 million in revenue for 2009.
Privately held Facebook doesn't reveal specifics on its financial numbers.

The Inside Facebook blog also predicts Facebook could nab more than $1 billion in revenue for 2010. Much of the company's revenue growth is presumably the result of advertising dollars, and in order for the growth to continue, Facebook will have to be sure to stay ahead of the ad game in a field that's evolving faster than ever.

Source: CNET


Developer Written on Monday, 21 June 2010 22:06 by Developer

Viewed 3645 times so far.
blog comments powered by Disqus

 

Stay in Touch

Centre of Commerce, One Bay Street, 4th Floor, Nassau, Bahamas
Tel: +1 242 676 2728  |  +1 347 983 7540
Websoft E-Business Solutions Suite 17949 Lower Ground Floor
145-157 St John Street London EC1V 4PW +44 203 129 8148
© Websoft E-Business Solutions 2025. All rights reserved.