Login/Register
Octoplay
Octoplay

Facebook payments revenues grow as users migrate to mobile

25th July 2013 1:28 pm GMT

Social networking site Facebook has seen payments revenues, comprised almost entirely of income from social games, grow steadily in its results for the second quarter of 2013, while the company’s push to establish itself on mobile has seen daily active user numbers for the channel surpass those of desktop.

Revenue for payments and other fees rose 11 per cent to $214m, driven primarily by revenues from games, which rose 7 per cent year-on-year.

Social games account [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Related Videos