Facebook posts 45% revenue gain hitting $9.3bn based on continued mobile growth
Despite earlier warnings of a potential slowdown in ad spend, Facebook’s revenue growth remains robust, with the social network posting revenues of $9.3bn for the three months to June 30.
This is based on the back of continued strong advertiser demand for reach of users on their mobile phone — and such ad spend now makes up 87% of Facebook's total revenue.
The numbers were released earlier today (July 26) and represent a 45% year-over-year rise, with the company experiencin
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