Facebook publishes its first quarter result showing 38% increase in revenue

Fri, May 3, 2013: According to the financial results for the first quarter reported by Facebook Inc, its revenue increased 38 per cent to RM4.45 billion (US$1.46 billion), if compared with the same period last year. 85 per cent of total revenue was contributed by advertising with 30 per cent of it came from mobile advertising. The revenue from payments and other fees was reported at RM649.86 (US$213 million).

The report also highlights daily active users were 665 million (increased 26%), monthly active users were 1.11 billion (increased 23%) and mobile monthly active users were 751 million (increased 54%).

Author: VSDaily Editor

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