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Facebook’s revenues from ads near $12B in Q1


Facebook’s net revenues increased by 1.6-fold to $4.988 billion in the first quarter of 2018.

 

The assets soared 29.44 percent to $88,945,000,000, liabilities increased by 73.54% to $11,325,000,000, revenues from ads surged 1.5-fold to $11,795,000,000.

 

Revenues from operations ascended 15.82% to $5,449,000,000.

 

As of April 1, 2018, number of active users reached 1,045,000,000 people, up 13% in comparison to a year earlier.

 

 

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