The Top 20 Social Networks of 2008

The Top 20 Social Networks of 2008
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Here are the highlights:

- Facebook nearly caught MySpace in traffic. MySpace had 58.4 million unique visitors in December, Facebook had 55.2 million.

- Facebook passed MySpace in time per person: 2 hours, 7 minutes to 1 hour, 40 minutes.

- The fastest growing sites were Twitter (664%), Tagged (421%), and Ning (303%)

- Of the sites in the top 20, three saw traffic declines in 2008: Meetup (-7%), Flixster (-6%), and MySpace (-3%)

- Time spent on social networks decreased for 14 of the 20 sites on the list.

The full report is embedded below:

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