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Facebook likes the world to share

Wednesday, May 16, 2012 - 02:46

May 16 - With growth slowing in the U.S., the world's leading social network Facebook will be increasingly reliant on international markets to drive revenues after it goes public later this week. Matt Cowan reports.

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Coca-Cola once famously after -- that it would like to teach the world to -- It 2008 FaceBook founder Mark Zuckerberg embarked on a whistle stop tour of a number of European cities. He seemed to get the world to share his obsession with on line sharing. Speaking to Reuters TV at the time he said making money wasn't his first priority. We're trying to optimize the the highest profits right now which turned optimizes -- -- keep her going -- you know about it I think that's going to be definitely possible from an area in the second round. Back then FaceBook had a mere 100 million members. Nick Thomas principal analyst at London's research firm informant telecoms and media. Has monitored its rapid rise. What I think its its its progress has been extraordinary of course. We've seen that documented and I think that distracted they took the time. Was to let users localize the site others like MySpace. Politico the key to growing international markets was to build local teams and so on but FaceBook allowed users to -- and -- -- -- Really helped it to to sort of not count. Local competitors and pretty much most markets across Europe now. ComScore is Mike Shaw says that with growth slowing in its home market. Maintaining international momentum will be a key priority for FaceBook. We attend the way to the FaceBook looks now it's more than 800 million people lately at one point three billion online. We look it the people who are outside the US us in excess of 600 million those pieces. When we look at the launching small kids intends. Regional breakdowns that's Europe within 260 million people using FaceBook for a monthly basis. I'm really who went to the real growth is coming from. It's places like last America that he -- the same thing here -- Asia Pacific between same thing here in the year. Everyone -- FaceBook is it's free big challenge for FaceBook is that once that shareholders can just not generic subsidiary generate serious revenue. We were seen launched today all of the services trials museum and charging users for my obsession certain content on that. On -- FaceBook profiles to FaceBook is experiment he's going to have to have to experiment. A ways of getting money out these cases is clearly has -- -- left that engagement is users love it. There are ways you can calculate that it generates revenue but on the valuations -- -- -- the expectations people have once they're investing in the company that really has me wrapped up. FaceBook will clearly have plenty of additional resource is to pursue its priorities in the very near future. The first priority may very well be learning how to make more money through its global network of friends. -- telling Reuters.

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Facebook likes the world to share

Wednesday, May 16, 2012 - 02:46