News, Social Media

Facebook Has Officially Become A $1 Trillion Company

Usman Aslam Written by Usman Aslam ·  28 sec read >

In recent news, Facebook has officially joined the $1 trillion club in the recent market close. As of now, the company’s market cap is at $1.008 trillion according to Yahoo Finance.

This was expected as the company has made huge profit not only through its parent platform Facebook but also from its divisions i.e. Messenger, Instagram, WhatsApp, and Oculus. Despite making it to the $1 trillion milestone, it is one of the rare companies to make it this far as the company started in the 2000s while tech giants such as Google started of fin the 90’s.

As of now, Facebook is currently working on new features and products to capture more of the commerce ecosystem. Moreover, the company looks ahead to more immersive ways to capture businesses for their respective platforms apart from mere advertisements.

Written by Usman Aslam
A tech enthusiast, writer, researcher and strategist working on the latest technologies and making an impact. Usman has been heavily focused on building communities, empowering people through technological trends and advancements for over 3+ years including many notable names such as IEEE Region 10, TEDx, Google Developers, United Nations Programmes, Microsoft Partner Program and much more. Reach out: Profile