Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Facebook hits 500 million users

chart_facebook_2.top.gif By Julianne Pepitone, staff reporter


NEW YORK (CNNMoney.com) -- Facebook's population is now larger than that of the U.S., Mexico and France combined.

The world's largest social networking site announced Wednesday that it has hit a widely anticipated milestone, signing up its 500 millionth user.

In a blog post, Facebook chief executive Mark Zuckerberg said he "could have never imagined all of the ways people would use Facebook when we were getting started 6 years ago." In a video message, Zuckerberg thanked Facebook users and told them "you really have created a worldwide movement."

To show off its international reach, Facebook launched a new application Wednesday called Facebook Stories. The app lets users recount their own stories and read others' posts, filtered by theme and geographic location.

The speed with which Facebook hit the 500 million mark is a sign of its accelerating growth. Launched in early 2004, it took Facebook nearly four years to add its first 100 million users, but only five months to add its most recent batch. Around 70% of the current user base for the Palo Alto, Calif., company now comes from outside the U.S. To top of page

Index Last Change % Change
Dow 16,643.01 -11.76 -0.07%
Nasdaq 4,828.33 15.62 0.32%
S&P 500 1,988.87 1.21 0.06%
Treasuries 2.19 0.02 0.83%
Data as of 6:37pm ET
Company Price Change % Change
Freeport-McMoRan Inc... 10.50 0.31 3.04%
Bank of America Corp... 16.36 -0.08 -0.49%
Apple Inc 113.29 0.37 0.33%
Intel Corp 28.42 0.70 2.53%
Alcoa Inc 9.41 0.55 6.21%
Data as of 4:03pm ET
Sponsors

Sections

Efforts to unionize low-wage employees of fast-food franchisees and outside contractors get lift from decision of NLRB. More

After Hurricane Katrina, the city of New Orleans had to reinvent the way it manages water and protects itself from future storms. More

The market volatility in China and the U.S. could hit private companies, especially late-stage unicorns. More

How do you run a successful crowdfunding campaign? Indiegogo's CEO Slava Rubin offers his top tips and mistakes to avoid. More

Mom and pop investors are dumping their investments and moving to cash at levels not seen since the financial crisis of 2008. More