2009 looks like a good year for Facebook.
Last month, we saw how Facebook successfully converted its traffic to revenue along with a good forecasted valuation.
More recently, it acquired FriendFeed and its talented team and introduced real-time search and Facebook Lite, which aims to penetrate into more countries.
To top that all off, July traffic statistic from Compete has been more than just great for Facebook. It shows signs that Facebook could be catching up with Google and Yahoo, possibly very soon.
Though overtaking these 2 giants could still take some time, it certainly has cemented Facebook’s leadership in the social media horizon. With Facebook Lite coming its way, Facebook would probably experience faster growth as it breaks into the densely populated China, India and Russia.
How about Twitter?
Though its growth has been remarkable this year, occasionally stealing limelight from Facebook, it is still pretty far behind the giants. After battling last week’s DDoS attack and facing the possible effect of Facebook’s acquisition of FriendFeed, CEO Evan Williams and his team are dealing with more challenges than ever.
What is more worrying is it has yet to convert its traffic to solid returns. So what now, Twitter?
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