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How has Facebook evolved in the year 2012, with all the new developments? Let me tell you all about Facebook 2012. The company, founded by Mark Zuckerberg in February 2004, got into the business of building social networks by 2005. In 2006, it became the largest social networking site in the world with around 600 million users. Apart from Facebook, it has launched several other applications like Instagram, WhatsApp, and Oculus.

SWOT Analysis

In 2012, Facebook saw a remarkable growth of 53% as compared to the previous year. During that year, the social networking site launched features like Friendships, Pages, Groups, Chats, Videos, Photos, and Wall posting. The increase in the number of active users was attributed to its user-friendly interface and the ease with which one could access the site from mobile devices. However, in the third quarter of that year, there were signs of a decline in Facebook’s user base, primarily in Asia-Pacific.

Problem Statement of the Case Study

On the night of October 16th, 2012, Facebook celebrated its second anniversary. 360 million registered users joined Facebook. It seemed like the world’s top expert case study writer, I was right; the company that had started as a small start-up in Palo Alto, California, had grown so fast and big. My wife and kids thought I had gone mad. In fact, I had gone mad too, but for Facebook — this little social networking site that had become a force to reckon with globally.