Mark Zuckerberg, Facebook's founder, has announced that the social networking site now has more than 300 million users, and is cash-flow positive Photo: AP
Facebook now has more than 300 million users, making it the world's most popular social networking site.
Mark Zuckerberg, Facebook's founder, announced the news in a blog post, and confirmed that the company was now cash-flow positive, generating revenue independently of third-party investment and funding.
"Facebook now serves 300 million people across the world. It's a large number, but the way we think about this is that we're just getting started on our goal of connecting everyone," wrote Zuckerberg.
Zuckerberg pledged to continue investing in new systems and technologies to make Facebook perform faster and grow efficiently, and serve users in "increasingly deep and innovative ways".
"In fact, the ratio of Facebook users to Facebook engineers makes it so that every engineer here is responsible for more than one million users. It's hard to have an impact like that anywhere else."