Latin in America.
According to the most recent Census Bureau projections, about 60
percent of total U.S. growth will come from the Latino population —
that's almost 100 million additional people. One in four Americans will
be Latino. Hispanics have accounted for more than half (50.5%) of the overall
population growth in the United States in this decade, a significant
new demographic milestone for the nation's largest minority group. Latin Americans also voted 2:1 in favor of Obama, a major driver in the success of the campaign.
Latin American Social Networks.
Latin America is a growing online market, with monthly unique visitors in the region growing from 53.6 million users in June 2007 to 61.6 million users in April 2008.
More internet users means more opportunity for social networks. For example, a new social network, Sonico, claims to have gained 17 million registered users since it launched last July.
But Hi5 is the
largest social network in the Spanish-speaking countries (except for
Google’s Orkut, which dominates Brazil). San Francisco-based hi5 gained
its position by doing things like introducing a Spanish version of its
site a couple of years go, while market leaders Facebook and MySpace
focused on US growth. This past April, hi5 had 12.8 million unique
visitors, about a quarter of its 45 million monthly visitors around the
world. That’s a 20 percent increase from two months ago, when the site
had 10.7 million unique visitors in Latin America, according to
Comscore. This is part of hi5’s worldwide growth trend: Hi5 has grown
from 31.5 million last December, according to comScore.

But Facebook has shown the most shocking growth around the world over the past half year, and is also booming in Latin America,
likely spurred by the introduction of its Spanish-language version last year.
So what’s driving some networks’ growth, besides shear numbers of new
Latin American users? Maybe, for Facebook, the fact that it is largely
comprised of real people providing factual information about themselves
— not fake profiles like what you see on other social networks — makes
the difference? It’s not clear what’s happening driving Sonico’s
growth, and anyway, it doesn’t register as a top site with comscore.
Hi5, meanwhile, has continued with its market-specific customizations.
It has recently introduced two new versions for Argentinians and Castilians, with more dialect translations to
come. It also launched a Brazilian
Portuguese version in March to compete against Orkut. It has also
introduced a Spanish-language help page. Maybe this will allow it to keep growing, and maintain its regional market leadership.
Facebook: The Global Mothership
MySpace reached only 121 unique visitors in November and grew a slow 16
percent over the previous year. Hi5 did pretty well, coming in at 58
million uniques with a 89 percent growth rate. Orkut also did pretty
well, too, coming in at 46 million with 86 percent annual growth.
Things were quieter for Friendster and Bebo: 31 million with a 10
percent growth rate and 24 million with a 20 percent growth rate,
respectively.
Why is Facebook growing?
The site has differentiated itself as a place where you share real
information with real friends in a secure setting — in spite of
launching years after some of its rivals. It started on college
campuses in early 2004, and only let you connect with people you knew
on campus. It opened up over the years to new “networks” — high
schools, companies, and eventually cities and countries — but it always
retained this concept of privacy. While rivals like MySpace made your
user profile public, Facebook even today only lets other see excerpts
of your profile unless they’re friends with you or in the same network
as you. The result is that Facebook has near-universally convinced its
users to provide real information about themselves; on MySpace, for
example, people often create and use fictional profiles.
Facebook has also introduced a tool for users to translate its site into
35 languages so far, with 60 more in development. More than 70 percent
of of users are now outside of the U.S.
parts taken from an article by Eric Eldon for VentureBeat and this post by Paul Glazowski for Mashable.