The Limited Times

Now you can see non-English news...

Facebook ends year of pandemic with $ 11 billion in fourth quarter profit

2021-01-27T22:10:37.545Z


The social media giant has, in particular, taken advantage of the explosion of digital practices, in particular online commerce, during the pandemic.


Facebook collected more than $ 28 billion in revenue, mainly advertising, in the last quarter of 2020, and generated 11.22 billion in net profit, up 53% over one year, thanks to the explosion of digital practices, in particular the e-commerce, during the pandemic.

Read also: Australia is crossing swords with Google and Facebook

The social media giant has seen its user base grow again during the holiday season, but expects

"headwinds"

this year due to the strengthening of data privacy on Apple-branded devices. Its title went back and forth between red and green during electronic trading after the stock market closed.

Source: lefigaro

All news articles on 2021-01-27

You may like

Trends 24h

News/Politics 2024-03-28T06:04:53.137Z

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.