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Facebook Earnings Surge As Mobile Penetration Deepens In Africa

AFRICANGLOBE - Social media giant, Facebook Inc, has revealed a 60 increase in its Q3 earnings, reportedly driven by significant growth in its mobile advertising business. Facebook’s active monthly users went up by 18 percent, however its mobile users surged 45 percent, with 49 percent of its total 66 percent advertising revenue accruing via mobile sources, a Washington Post revealed.
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