Tuesday, April 26, 2011
Quick Stat: Facebook to Bring In $4.05 Billion in Ad Revenues This Year
What do you think of the new Facebook Deals? Will it compete with Google Offers and Groupon?
Despite the social network’s rapid growth, Facebook is still seeking ways to expand its revenues beyond advertising. eMarketer estimates that in 2010, advertising accounted for $1.86 billion, or 93% of the company’s total revenue, a figure that will fall to 90% in 2011.
This year, Facebook is expected to bring in $4.05 billion in advertising revenues worldwide, $2.19 billion of which will come from the US, eMarketer estimates.
