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NEW YORK – Facebook said Friday it has raised $1 billion from non-U.S. investors, which combined with an infusion from Goldman Sachs and Russia's Digital Sky Technologies in December, brings the haul from its latest round of funding to $1.5 billion.
The investments value the social networking site at $50 billion, more than the current market values of Yahoo Inc. or eBay Inc., but below those of Amazon.com Inc. and Google Inc.
Facebook did not say Friday how it plans to spend the $1.5 billion.
The company, which is based in Palo Alto, Calif., had the option to raise up to $1.5 billi