Global News
Facebook May Report Substantial Earnings Growth
11/29/2016
Riding on strong sales and advertising growth coupled with an increase in the monthly active users, Facebook is expected to announce at least 70 per cent hike in earning results this week, media reported on Tuesday.

Facebook shares have risen more than 6 per cent in the three months since its last earnings report.

Facebook continues to monetize photo-sharing service Instagram and is looking to boost monetization efforts for mobile messaging service WhatsApp and Facebook Messenger soon.