About this weblog

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.

Friday, April 29, 2016

Facebook Continues Rapid Growth

Facebook reported a 52% year-on-year increase in revenues to 5.38 billion US dollars in the first quarter, as the number of daily active users climbed 16% year-on-year to reach 1.09 billion in March 2016. The social network said that mobile advertising revenue represented approximately 82% of advertising revenue for the first quarter of 2016, up from 73% in the first quarter of 2015. source: Facebook statement
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