(PALO ALTO, Calif.) -- Nothing is going to stop Facebook from reaching 700 million users but what's stopping its growth in the U.S. and Canada?
That's the question facing the social media giant, which is still adding millions of new users each month.
However, Inside Facebook, a research and marketing group, says that the social networking site has experienced an overall growth slowdown in April and May -- the first time that's happened for two straight months.
The loss has been most evident in the U.S. with Facebook losing six million users in May although the site still boasts about 150 million people nationally, or just under half the entire population. Canada also saw a decline as well as the United Kingdom, Norway and Russia.
Yet, Facebook manages to make up for these losses in emerging markets such as Brazil, India, Indonesia and Mexico.
Responding to the Inside Facebook study, Facebook said, "We are very pleased with our growth and with the way people are engaged with Facebook. More than 50 percent of our active users log on to Facebook on any given day."
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