Facebook reported a 72% year-on-year increase in revenue for the first quarter to 2.5 billion US dollars. The social network said "mobile advertising revenue represented approximately 59% of advertising revenue for the first quarter of 2014, up from approximately 30% of advertising revenue in the first quarter of 2013." source: Facebook statement
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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.
Thursday, April 24, 2014
Mobile Ads Give Facebook A Stellar Quarter
Facebook reported a 72% year-on-year increase in revenue for the first quarter to 2.5 billion US dollars. The social network said "mobile advertising revenue represented approximately 59% of advertising revenue for the first quarter of 2014, up from approximately 30% of advertising revenue in the first quarter of 2013." source: Facebook statement
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