backtop


Print 53 comment(s) - last by QueBert.. on Feb 2 at 11:48 PM

Facebook now has about twice as many users as MySpace

Social networking is big business in the internet economy. Two of the largest players in the U.S. and global social networking world are MySpace and Facebook. Facebook was once the new kid on the block up against the established MySpace, but that had now drastically changed.

According to the most recent data from ComScore, Facebook is now quickly outpacing MySpace in the number of users. Adage reports that in June of 2008 the two social networking sites were the same size in terms of unique users.

Since June of last year, Facebook has started pulling swiftly away from MySpace in terms of users with Facebook posting growth of 10 percent per month as MySpace stays the same in terms of traffic.

Facebook now claims 200 million unique users to MySpace's 100 million according to Adage. The glut of the growth Facebook has experienced comes from countries other than America. MySpace is quick to point out that while Facebook has outpaced it in unique visitors, it still sells more ads.

MySpace issued a statement saying, "We are laser focused on building a sustainable global business which we measure by profits and revenue -- not just eyeballs. In a tough economic climate, our international revenue is up 30% year over year and we continue to focus on those markets with the strong monetization opportunities. Additionally, MySpace continues to dominate the U.S. market -- where the bulk of online advertising revenues reside -- both in terms of monetization and user engagement with more than 76 million unique users and a 40% spike in engagement year over year."

Adage also notes that if you take the latest ComScore data showing about a billion global Internet users, the 200 million users of Facebook equates to about one in every five Internet users visiting the site. Last year Facebook was looking for a new home after growing so much its facility was too small.



Comments     Threshold


This article is over a month old, voting and posting comments is disabled

RE: Facebook vs MySpace
By Xerio on 1/27/2009 2:55:31 PM , Rating: 2
I am with you on that one. I have recently come in contact with friends from my high school years. I would not have known how to contact them otherwise.

I also agree to some extent those that say it is pointless. Although I disagree with that extreme, I do agree that many people spend way too much time on these social networking sites and are losing the face-to-face social skills.


"Well, there may be a reason why they call them 'Mac' trucks! Windows machines will not be trucks." -- Microsoft CEO Steve Ballmer

Related Articles













botimage
Copyright 2014 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki