Facebook Company Profile

Facebook is a trending social networking business that provides connectivity to the masses around globe. The business focuses on creating value for users, developers and marketers. It includes features like timeline, news feed, messages, lists, ticker and mobile apps. Registered users are able to share and exchange their messages, post, photos, videos by accepting another user as a friend with the help of internet. This enables people to connect, communicate, discover, and share media on mobile devices and personal computers.

Facebook Inc. was founded on February 2004 by Mark Zuckerberg, and other partners. It is headquartered in Menlo Park, California, U.S. It was incorporated on July 29, 2004. The firm operates in the internet media industry of communication sector and is a social networking website. In 2012, the company began publicly trading after filing one of the largest IPOs in US history. The corporation’s products include Facebook, Messenger, and Instagram.

The company’s subsidiaries are Instagram, WhatsApp, Oculus VR, and PrivateCore. The parent company’s website and mobile app includes the features like News Feed, Timeline, Messenger, Graph Search, etc. The subsidiary application, Messenger is a messaging application for iOS and Android phones. Instagram is a mobile application and website that enable people to take photos or videos, customize them with filter effects, etc.

As a part of employees welfare and for retaining the employee asset, the company provides the employees with full medical and dental insurance, 21 vacation days each year, free meals, and state-of-the-art gyms. Parental leave of 4-months for new parents, daycare and adoption fee reimbursement, etc are other benefits offered to the employees.

It has over two million active advertisers with mostly from small businesses. Various companies use Facebook to post and promote their businesses to masses worldwide. This gives an outreach towards the global market without much expense. It offers advertisers a distinctive combination of application, social circumstance, and association to augment the significance of their ads.

Decision Databases offers an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the Facebook Inc.’s market and industry analysis databases.

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