Monday November 30, 2020

Facebook boosted by mobile advertising revenue

A jump of more than 50 per cent in revenue for the first quarter

1st May, 2016
4
Mark Zuckerburg, founder and chief executive, Facebook

Social media giant Facebook reported a jump of more than 50 per cent in revenue for the first quarter of this year, boosted by strong revenues from mobile advertising.

“We had a great start to the year. We’re focused on our ten-year roadmap to give everyone in the world the power to share anything they want with anyone.”

Mark Zuckerberg, founder and chief executive, Facebook

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