As per recent reports, it has been revealed that Facebook has launched an app store, following its old participle of making profit, despite being risky. It has been reported that the app store opened is similar to Apple's iPhone software supermarket.

It has been recovered that the move was implemented after the social site giant failed to gather money from adverts on mobiles.

It has been unveiled that the company believes that the new app store it has opened will attract users and they will engage themselves at the app store for long on their smartphones and the company will take advantage of this and they will start including advertisements in it.

Previous reports suggest that the mobile advertisements drought had irritated the investors, when they site introduced itself in stock market last month.

However, it has been subjected that this was the only reason, why the company got its value back to being worth and about similar to that of real-world goods giant Tesco at $57bn.

However, it is being affirmed that this new app store of Facebook will not be able to compete for long with those of Apple or Google.