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Payments Down, While Ad Revenue Soars for Facebook

Payments Down, While Ad Revenue Soars for Facebook

by April 28, 2016 at 2:33 pm 0 comments

Facebook expects its payments revenue for 2016 to come in lower than 2015. The company couldn’t be more clear: ads are “the big focus.” The company’s ad revenue this quarter soared 57% year over year, hitting $5.4 billion, of which $4.2 billion – 82% – was mobile. In comparison, totalRead More