Hot social networking website Facebook expects to welcome its 200 millionth user on Wednesday, co-founder Mark Zuckerberg said.<\/p>\n
Zuckerberg, who created Facebook with two Harvard University roommates five years ago, announced the milestone in a post on the official Facebook blog.<\/p>\n
"We will welcome our 200 millionth user to Facebook some time today (Wednesday)," the 24-year-old chief executive said, describing it as a "really good start".<\/p>\n
"We are working hard to build a service that everyone, everywhere can use, whether they are a person, a company, a president or an organisation working for change," Zuckerberg said.<\/p>\n
"At Facebook, we want to build the best service in the world for people to connect with and share everything that is important to them, whether day-to-day or world-changing," he said.<\/p>\n
"There are still many more people and groups in the world whose voices we want to connect with everyone who wants to hear them," he added.<\/p>\n
"So even as we celebrate the 200 millionth person and all of you using Facebook today, we are working to bring the power of sharing to everyone in the world."<\/p>\n
To celebrate the 200 millionth user, Zuckerberg said Facebook had created a page, "Facebook for Good", for users to "share their stories about how Facebook has helped them give back to their communities, effect change or connect with a distant relative."<\/p>\n
Facebook was also partnering with 16 charitable and advocacy groups to create gifts for users to share, he said, with 90-95% of the proceeds going to the organisations and the rest to administrative costs.<\/p>\n
Zuckerberg, Dustin Moscovitz and Chris Hughes launched Facebook in February 2004 as a platform to connect their fellow Harvard students.<\/p>\n
It quickly spread to other schools around the US and has since blossomed into a worldwide network that has dwarfed rival MySpace.<\/p>\n
While the number of users has grown at an amazing clip, the Palo Alto, California-based Facebook, unlike other web giants such as Amazon, eBay, Google and Yahoo!, is yet to prove how it is going to translate traffic into cash.<\/p>\n
US software giant Microsoft bought a 1.6% stake in Facebook in 2007 for $240m, valuing the social network on paper at $15bn. <\/p>\n
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