Facebook says Asia is fastest-growing market

Sep 21, 2010
A Singaporean browses Facebook. Asia is the fastest-growing region for new subscribers to the social networking site, a senior company executive has said. Blake Chandlee claimed Singapore has three million Facebook users out of a population of five million.

Asia is the fastest-growing region for new subscribers to social networking site Facebook despite restrictions on access in China, a senior company executive said on Tuesday.

Speaking at the opening of Facebook's first Asian sales office in Singapore, vice-president Blake Chandlee said its growth in the region was outpacing the rest of the world.

currently claims more than 500 million registered users worldwide, with 54 percent said to be logging on to the site daily.

Chandlee, the commercial director for regions outside North America and western Europe, declined to give regional or country user breakdowns except for Singapore, which has nearly three million users out of a population of five million.

"At the regional level, if you look at the big four, what we call, theatres, you've got North America, you've got EMEA (Europe, the Middle East and Africa) you've got Asia, you've got Latin America," Chandlee said.

"Asia is definitely the fastest-growing amongst those big theatres... Asia's got some of the fastest-growing countries in it, certainly," said Chandlee, who described Facebook's growth in India as "tremendous".

China restricted access to the site in July 2009 amid deadly ethnic unrest in the restive far-western region of Xinjiang, but users have found ways of breaching the censorship wall.

Facebook set up an Asian sales office in Singapore to help regional brands in executing their marketing campaigns on the platform, Chandlee said.

"The Asian market's a very, very big market for us." he said. "It's an enormous opportunity for us."

"Singapore has been a great market. We nearly have three million people in Singapore alone, which means having a huge percentage of the total population on Facebook," he stated.

"We see that across the region really, we're pretty excited about it," he said.

Founded in 2004 and based in Palo Alto, California, Facebook does not publish financial results but research firm eMarketer said last month it should rake in more than one billion dollars in advertising revenue this year.

Explore further: Poetry finally joining e-book revolution

add to favorites email to friend print save as pdf

Related Stories

Advertisers flocking to Facebook: eMarketer

Aug 13, 2010

Internet research firm eMarketer on Thursday reported that advertisers are flocking to Facebook and will spend more than a billion dollars at the world's top online social network.

Facebook claims 250 million users

Jul 16, 2009

Facebook founder Mark Zuckerberg announced the number of people using the online social networking service has climbed to 250 million.

Recommended for you

Bernanke forecasts gains from computer technology

3 hours ago

(AP)—Federal Reserve Chairman Ben Bernanke says pessimists who are forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong.

Yahoo Japan suspects 22 million IDs stolen

6 hours ago

Yahoo Japan Corp. has said it suspects up to 22 million user IDs may have been stolen during an unauthorised attempt to access the administrative system of its Yahoo! Japan portal.

US seizes Bitcoin operator accounts

14 hours ago

US authorities seized the accounts of a Bitcoin digital currency exchange operator, claiming it was functioning as an "unlicensed money service business," court documents showed Friday.

Italian police raid hackers who took on Vatican

May 17, 2013

Italian police on Friday arrested four alleged hackers believed to belong to the activist group Anonymous for attacking websites, including those of the Vatican and the parliament in Rome.

User comments : 0

More news stories

Morocco to harness the wind in energy hunt

Morocco is ploughing ahead with a programme to boost wind energy production, particularly in the southern Tarfaya region, where Africa's largest wind farm is set to open in 2014.

US seizes Bitcoin operator accounts

US authorities seized the accounts of a Bitcoin digital currency exchange operator, claiming it was functioning as an "unlicensed money service business," court documents showed Friday.

Yahoo Japan suspects 22 million IDs stolen

Yahoo Japan Corp. has said it suspects up to 22 million user IDs may have been stolen during an unauthorised attempt to access the administrative system of its Yahoo! Japan portal.

Galaxy's Ring of Fire

Johnny Cash may have preferred this galaxy's burning ring of fire to the one he sang about falling into in his popular song. The "starburst ring" seen at center in red and yellow hues is not the product of ...

Alaska volcano shoots ash 15,000 feet into the air

(AP)—One of Alaska's most restless volcanoes has shot an ash cloud 15,000 feet into the air in an ongoing eruption that has drawn attention from a nearby community but isn't expected to threaten air traffic.