January 30th, 2013

Slow To Rev Up, Gifts and User Promoted Posts Generated Under $5M In Facebook Q4 Revenue

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As Facebook looks for new ways to make money, it disclosed during its Q4 2012 earnings call today that its Gifts product and promoted user posts functionality accounted for less than $5 million of Facebook’s overall revenue. In fact, these earnings were labeled as revenue “outside of games.” Payments revenue was flat, overall, in the quarter. While this isn’t the worst… → Read More