Facebook grows user base thanks in part to the pandemic

Facebook for the quarter ending June 30, 2020, reported revenue of $18.69 billion, an increase of 11 percent compared to the $16.89 billion generated during the same period a year earlier. Net income climbed to $5.18 billion, a healthy 98 percent increase over the $2.62 billion haul in the year-ago quarter.





from TechSpot
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