FILE PHOTO: An illustration photo shows a man holding a smart phone with a Facebook logo as its screen wallpaper in front of a WhatsApp messenger logo February 20, 2014. REUTERS/Dado Ruvic /Illustration/File Photo
SAN FRANCISCO: Facebook on July 26 reported a surge in profits in the past quarter, fuelled by strong growth in money-making ads to its more than two billion users.
Net profit in the second quarter leapt 71% from a year ago to US$3.9bil (RM16.67bil) while revenue climbed 45% to US$9.3bil (RM39.76bil).
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
