Facebook focused on refining its monetization

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Facebook also secured significant investment to support its growth. In 2009, Digital Sky Technologies (DST), a Russian investment firm, injected $200 million into Facebook, valuing the company at an impressive $10 billion. This substantial investment provided the necessary financial backing for further expansion and innovation.

As part of its growth strategy, Facebook made strategic acquisitions, such as the purchase of FriendFeed in 2009. This acquisition broadened Facebook's offerings and improved its user engagement capabilities, further solidifying its position as a leading social media platform.

2012-2014: Initial Public Offering (IPO) and Continued Financial Success: During the years 2012 to 2014, guatemala phone number data Facebook achieved significant milestones in its financial growth and funding trajectory. This period marked a turning point for the company as it went public via its highly anticipated Initial Public Offering (IPO) and continued to experience remarkable success. The IPO in May 2012 was a monumental moment for Facebook.

The IPO marked the company’s first public offering of stock. The IPO raised approximately $16 billion, valuing the company at over $100 billion. It was one of the largest IPOs in history, marking the company’s arrival as a major player in the technology industry. The move allowed Facebook to raise new funding and increase its global visibility.

strategies, particularly in the area of ​​mobile advertising. Recognizing the growing importance of mobile devices, Facebook developed innovative advertising platforms to reach users on their mobile devices. These efforts proved successful and contributed to the company's growing revenue stream. Facebook also made strategic acquisitions to expand its presence in the market.