Wednesday, November 2, 2016

The revenue of Facebook have been increasing with slower growth rate

Mark Zuckerberg, chief executive officer and founder of Facebook, speaks during the Oculus Connect 3 event in San Jose, Calif., in October.

Most people, even some successful entrepreneur, can believe this that Facebook have achieved $ 27 billion this year. To get some detailed financial report, they have $7 billion revenue at the end of third-quarter. Its top line growth is as twice as some big company. Facebook decides to reduce the ads which show when people look though their pages. And they are willing to have more and more active users who can post and watch more videos online. People gradually concern the growth of the revenue of Facebook will decline, since they plan to cut the investment on ads which is their majority resource of revenue at least last two years.

http://www.wsj.com/articles/facebook-profit-jumps-sharply-1478117646

2 comments:

  1. That sounds interesting. As an its user, I'm happy that it will reduce the portion of advertisement. In my opinion, revenue would be decreased through ads, but their decision could let it keep popular for a long time.

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  2. So, do you mean that facebook's revenue has increased despite slower growth and removal of ads? How is that possible?

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