Facebook profit jumps as ad revenue climbs

GMT 22:44 2015 Wednesday ,28 January

Arab Today, arab today Facebook profit jumps as ad revenue climbs

San Francisco - AFP

Facebook on Wednesday reported that its quarterly profit jumped 33 percent from last year to $696 million as ad revenue and membership grew at the leading social network.
The California-based Internet titan said that revenue in the final quarter of last year hit $3.85 billion as the number of active monthly users increased 13 percent to 1.39 billion.

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