How does Facebook make its money?
How Does Facebook Make Money?
Despite having over two billion users on its platform, Facebook doesn’t actually make any money on content or directly through its user base.
All in all, the company earns about 85% of its money from advertising.
How much money does Facebook make in 2019?
In the fourth quarter of 2019, social network Facebook’s total revenues amounted to 21.08 billion U.S. dollars, the majority of which were generated through advertising. The company announced over seven million active advertisers on Facebook during the third quarter of 2019.
How much does Facebook earn per day?
Google’s average advertising revenue per user (ARPU) was $12.76 in 2016, compared to Facebook’s $19.28 – so it seems like Facebook has now surpassed Google in making more money (on average) per user. Facebook’s 2017 revenue was ~$40 Billion, so Facebook makes ~$110 Million per day.
How much does Facebook make a month?
With more than $1 billion per quarter in advertising revenue and 1.2 billion monthly active users, few realize that Facebook is more than just a social networking site – it’s a shrewdly run corporation, worth more than $100 billion.