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Tuesday, June 14, 2011

Facebook May Be Losing Viewers, Possible Affect On IPO

- Facebook May Be Losing Viewers, Possible Affect On IPO



Jun 14, 2011

A world map produced by Vincenzo Cosenza found that Facebook is now the most popular social network in 119 out of 134 countries despite rumors of losing users in the United States in the month of May. Although Cosenza did not break out exact traffic data, he did say however that Facebook was the most popular social network in the United States, beating out Twitter and LinkedIn.

However, a report from Inside Facebook did say that they lost U.S. users in the month of May, going from 155.2 million to 149.4 million by the end of the month.

Facebook did make a statement with regards to the Inside Facebook data, stating that, "from time to time, we see stories about Facebook losing users in some regions. Some of these reports use data extracted from our advertising tool, which provides broad estimates on the reach of Facebook ads and isn't designed to be a source for tracking the overall growth of Facebook."

However, the question arises about whether or not this user data will affect Facebook's plans for an initial public offering.

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