Yes. All sects or sub-groups of Buddhism follow one of these two major branches.
Hinayaana and Mahaayaana are two branches of Buddhism.
To discuss different branches of Buddhism is to discuss different sects or varieties of Buddhism. Buddhist scriptures are commonly divided into Theravada, Mahayana, and Vajrayana. Zen Buddhism is a kind of Mahayana Buddhism. .
It is the modern branch which is the nearest to the original. Buddhism has at least two main branches, Theravada which started in 6th century BCE and Mahayana, 3rd century BCE.
Simply put yes it is true.
Buddhism, Sikhism and jainism
You can read an article about the branches of Buddhism here: http://en.wikipedia.org/wiki/Schools_of_Buddhism
Its all because of what people believe! Some people have different views in Buddhism that go in different ways like the Chinese Buddhism and Sinhalese Buddhism. They are very ancient and are retold over the world, even before Christianity! So now that there are two ways of becoming a Buddhist people believe differently.
there are many branches of Hinduism. Buddhism jainism shikhism etc.
Several hundred years after the Buddha's passing, two groups of monks formed. One group, the Sthiravadins, believed that the entirety of the Buddha's teachings could be found in the Tipitika. Another group, the Mahasanghikas, did not believe this. This was the root of the two main branches of Buddhism which persists to this day.
The two groups were Theravada Buddhism and Mahayana Buddhism.
When dealing with the number of Buddhists, ..............There are around 350 million Buddhists in general, in the world. But Theravada Buddhists are 150 million in number.(The number of the Buddhists in general is relatively high due to the heavy population of China, who are Mahayana Buddhists.)When dealing with the types of Buddhism, .................There are many branches of Buddhism. One of them, named 'Theravada' contains the original (unfixed, unadjusted, or unamended) teachings of the Buddha.(It is said that during the Third Buddhist Council, there are more than 18 branches of Buddhism)The other branches of Buddhism occurred after the second Buddhist Council due to the division among the Buddhists.