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Facebook targets China and Russia

Facebook is looking to China, Russia and Japan for its next phase of expansion as its overall growth has begun to taper.

Mark Zuckerberg, founder and chief executive of the world’s largest social network, said that with almost 500m members, Facebook was finding it impossible to maintain its breakneck growth.

“We saw our exponential growth rate continue for a very long period of time, and it still does at a super-linear rate, though not quite 3 per cent a week any more,” Mr Zuckerberg said in an interview with the Inside Facebook blog.

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