Facebook enters Fortune's Global 500 list for the first time
Billionaire Mark Zuckerberg-led social media major Facebook has debuted at rank 393 on Fortune's list of the world's 500 largest companies in 2017. Facebook has registered 16 straight profitable quarters and reported a revenue of $27.6 billion in its last fiscal. Chinese internet giant Tencent and entrepreneur Jack Ma's Alibaba have also debuted on the list this year. 