The Facebook business has grown in the last quarter thanks to advertising on smartphones vigorously. Revenue jumped year on year by around 52 percent to $ 5.38 billion high, the profit was tripled with 1.5 billion dollars. The world’s largest online network came the end of March to 1.65 billion active users per month. This was an increase of 60 million within three months – and more expected as analysts.
The stock jumped on Wednesday after trading temporarily high at around nine percent. Rival Twitter contrast continues to lose the connection to Facebook and other Internet top dog Google.
Daily now look at 1.09 billion users Facebook over which 989 billion on mobile devices like smartphones and tablets. Advertising makes 97 percent from almost the entire business of Facebook. The remaining $ 181 million came from paid services and other fees. The share of advertising on mobile devices on the advertising revenues of Facebook grew YoY by 73 to 82 percent.
At the same time meets the founder and CEO Mark Zuckerberg precautions to ensure that it can, as promised to donate their shares gradually, without losing control of the company. To speed template Facebook announced the introduction of an additional class of shares that has no voting rights. The new shares are to be distributed to shareholders as dividends. allow shareholders to decide at the Annual General Meeting on June 20 via the new share structure.
By Step Zuckerberg is also having a lower participation continue calling the shots on Facebook. With a strong role as founder he could meet with Facebook long-term decisions about costly investments in the future such as the purchase of Instagram, Zuckerberg explained in a blog post. The photo app had once cost about one billion dollars.
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