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Facebook's mobile ads now make up over half its revenue

Thanks to Facebook's 945 million monthly users, half of the social network's revenue now comes from its mobile ads (NASDAQ:FB)

| Business, Financial & Legal News | Posted: Jan 30, 2014 7:33 am

Thanks to Facebook's 945 million monthly users, 53% of the social network's revenue comes from mobile advertising. Facebook earned $2.59 billion in revenue for Q4 2013, with 556 million daily active users on mobile for the month, and 945 million monthly active users on mobile.

 

TweakTown image news/3/5/35156_04_facebook_s_mobile_ads_now_make_up_over_half_its_revenue.jpg

 

The 556 million daily active users was just for December, which represents a 49% year-over-year increase, while the 945 million mobile monthly active users is up 39% year-over-year. This is so thanks to Facebook's News Feed ads, and its auto-play videos - as much as they annoy you, it's making the social network some serious green.

NEWS SOURCE
Engadget.com

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