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As of December 2022, Facebook claimed almost 3 billion monthly active users. [7] As of October 2023, Facebook ranked as the third-most-visited website in the world, with 22.56% of its traffic coming from the United States. [8][9] It was the most downloaded mobile app of the 2010s.
Facebook's valuation steadily increased in the days leading up to the IPO. Prior to the official valuation, the target price of the stock steadily increased. In early May, the company was aiming for a valuation somewhere from $28 to $35 per share [19] [20] ($77 billion to $96 billion). [21] On May 14, it raised the targets from $34 to $38 per ...
The use of Facebook can have negative psychological and physiological effects [ 8 ] that include feelings of sexual jealousy, [ 9 ][ 10 ] stress, [ 11 ][ 12 ] lack of attention, [ 13 ] and social media addiction that in some cases is comparable to drug addiction. [ 14 ][ 15 ] Facebook's operations have also received coverage.