Facebook’s Ad Revenue to Grow 50% in Two Years

“According to financial analysts Facebook Q4 revenue (including payments, fees) could reach $1.5 billion. Digital marketing technology company Kenshoo says that just over 20 percent (20.3 percent) of the company’s ad revenue is now coming from mobile,” says Social Media Today. “And as per eMarketer, almost 4 billion dollars in advertising budgets were spent on Facebook ads during 2012, and that number is expected to grow to more than 6 billion in 2014.” Read more.