Facebook reported a 59% year-on-year rise in revenue to 2.91 billion US dollars, stripping out the impact of currency movements, for the second quarter. The world's leading social network said its advertising revenue rose 65% to 2.68 billion dollars, while mobile advertising revenue represented approximately 62% of advertising revenue, up from approximately 41% of advertising revenue in the second 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, July 24, 2014
Facebook Flies Higher Still
Facebook reported a 59% year-on-year rise in revenue to 2.91 billion US dollars, stripping out the impact of currency movements, for the second quarter. The world's leading social network said its advertising revenue rose 65% to 2.68 billion dollars, while mobile advertising revenue represented approximately 62% of advertising revenue, up from approximately 41% of advertising revenue in the second quarter of 2013. source: Facebook statement
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