It seems like the growth of Social networking has come to the maturity in US, therefore, many of social networking sites are looking for other markets to increase their share. Facebook is leading with power and showing its all over the world.

Facebook increased its membership from 52 million in June 2007 to 132 million worldwide in June 2008 which is 153 percent form last year and followed by MySpace with 117 million memberships with only three percent increase from last year.
However, other website like HI5.com had 100 percent growth with increase of 56 million members.

Face book is growing on faster rate than of any other social networking site. It saw 303% growth in Europe, 458% Asia-Pacific , Middle East-Africa 1055%..The research was conducted by ComScore. According to Jack Flanagan, ComScore executive vice president, “Facebook has done an exceptional job of leveraging its brand internationally during the past year,”. He further said that “By increasing the site’s relevance to local markets through local language interface translation, the site is now competing strongly or even capturing the lead in several markets where it had a relatively minor presence just a year ago”

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