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Jan 23 2009

Facebook doubles its growth than MySpace

Shoaib Hashmi 

Facebook-MySpace

World’s leading social network Facebook which past MySpace in terms of traffic, has doubled its popularity. Last month around 222 million unique users visited the Facebook. MySpace on the other hand has issued an statement regarding their traffic which says:

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 percent 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 percent spike in engagement year over year.

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