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.

Wednesday, October 24, 2012

Facebook Begins to Monetise Mobile

Excluding the impact of changes in foreign exchange rates, Facebook said its revenue in the third quarter rose 38% year-on-year to 1.26 billion US dollars. Revenue from advertising was 1.09 billion dollars, while payments and other fees revenue for the third quarter was 176 million dollars. Facebook added that 14% of advertising revenue during the third quarter was "from mobile", compared with almost nothing in the same period of 2011. source: Facebook statement

No comments:

WHERE WE'RE HEADED: TELECOMS TRENDS AROUND THE WORLD: SUBSCRIBE HERE