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At times we just ignore the achievements and growth of someone in the light of giants making big leaps and its quite similar in the Web world too. While we get to hear so much about Facebook and MySpace; another social network hi5 is left unnoticed. Why should it be noticed if at all when we have the other two? Well the reason is that despite being an underdog, hi5 is expanding its horizons at a much higher rate as compared to the other two.
According to MG Siegler, hi5 has grown by over 79% in the half of 2008, almost double of what the top social networks have achieved so far. The unique visitors have increased by a figure of around 25 million to 56.4 million (December 2007 stats read them to be 31.4 million).
However an interesting fact here is that almost 80% of its user-base comes from outside US. Once again we see a trend that social networks based in US fail to beat MySpace (we recently put up a comparison between Facebook and MySpace users in the US).
Facebook has been making strides with the launch of Facebook Connect and MySpace closing up with OpenID. But hi5, without popping up with news has still managed to show.
hi5 has been growing so fast due to it’s social advertising via existing members… They send out tons of emails and invites, I’ve noticed.. Not to mention the site doesn’t suck like it did before… It seems actually useful for once.
Yes Lou, i did notice the changes. The last time i logged onto it was in November last year and thought i should rather quit it. But somehow it just felt a bit different. (That could also be due to the fact I have been reviewing Facebook and MySpace so much that I am sick of them) :s.
Regards,
Sardar Mohkim Khan
Hahaha yeah, that last bit makes a lot of sense there.
I’m enjoying your blog, too. Just started reading it though, but you’ve got some cool stuff up here.
Well it’s always good to have ones readers enjoying what you write, it repays all the search and typing you put up (ouch my fingers:p). Hope we keep putting up quality work and you as our reader keep reading it and your feedback on our reporting is essential as always.
Best regards,
Great information! Thanks for writing this. It is an honor to participate in the discussion.