Facebook's Quarterly revenue Boosts By Over 50 percent !!!


CEO of Facebook
Photo source: imovilizate.com
Facebook, the popular social media platform has had an increase in it's quarterly revenue that rose by more than 50 percent.
 Facebook's mobile application and also it's live video features could have being the purpose of it's development in revenue. As advertisers would be interested to spend more on advertising on their platform.
 According to Reuters; the company's shares rose by 9.5 percent in after-hours trading on Wednesday to $118.39 setting it on track to open at a  new high by today Thursday, at nearly tripple it's initial public offering as at 4 years ago.
 They also announced that a new class of non-voting shares would b created in a move aimed at letting Mark Zuckerberg, the CEO of Facebook to giveaway his wealth without losing control of the Social media platform he created.
Mr. Paul Kola explains how he got 50% of his revenue after investing it in this profitable platform

Comments

Trending Posts

How to Recharge My Startimes Decoder Using My Phone Through GTbank Account

Children of Ex-President Jonathan’s Late CSO Begs Buhari to Save Them from Starvation

Linda Ikeji Net Worth 2017 (Forbes)