Facebook posts highest revenue growth in two years | Facebook posts highest revenue growth in two years -
facebook

Facebook posts highest revenue growth in two years

: Saturday, February 01 - 2014 @ 01:38

Facebook Inc. has reported its strongest revenue growth in two years, as the social networking company’s mobile ad sales continued to accelerate, Reuters has reported. The world’s largest social networking company said that revenue from mobile ads represented 53% of its total advertising revenue in the last three months of 2013, or $1.24bn, compared with 49% in the third quarter. Facebook said it now has 1.23 billion monthly users, with 945 million accessing the service on a smartphone or tablet. The average price per ad on Facebook surged 92% in the past year, even as the total number of ad impressions on Facebook declined 8%, the company said.

Today's Top Stories

Posted by

Saturday, February 1- 2014 @ 1:38 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

AME Info Services







Business DirectoryVIEW ALL

Search by name

Search by industry

Browse alphabetically





JobsVIEW ALL

Search for jobs

Latest Jobs