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News Articles

ExclusiveHalf of all Facebook advertising revenue now comes from mobile users

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Facebook has reported its financial results for the third quarter of 2013, with revenue up 60% year-on-year to $2.02 billion and net income increasing to $425 million.

The social network’s user base is increasing; daily active users for September 2013 were 728 million people (up 25% year-on-year) and monthly active users were up 18% to 1.19 billion.

ExclusiveAndroid and iOS apps add over 20 million new users to BlackBerry BBM service

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Launching the BlackBerry BBM messaging and social networking application for Android and Apple iOS devices has resulted in more than 20 million new users joining the service, pushing the total number of monthly active BBM users to over 80 million people.

In fact, the Android and iPhone apps had more than 10 million downloads in the first 24 hours of their official release.

ExclusiveQuarterly results announced by Facebook

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Facebook has reported results for the second quarter of its financial year. Revenue was up 53% year-on-year to $1.81 billion (£1.18 billion), while the Q2 2012 loss was now a $333 million profit.

88% of total revenue ($1.6 billion) was from advertising, with around 41% of this figure coming from mobile ads.

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