Tuesday, November 16, 2010

Facebook Valued Higher Than eBay, Now Third Largest Web Company

Facebook is  ranked as the third largest web company, with an estimated valuation of USD 41 billion which is greater than EBay.

According to Bloomberg, the social network slatest valuation, based on the selling price of shares on SecondMarket, an exchange for privately held companies, makes it the country's third-largest online business after Google  (USD 192.9 billion) and Amazon (USD74.4 billion).