Facebook revenues jump 33% despite no user growth in US and Europe

October 31, 2018 10:13

Social media giant Facebook has reported a 33% year-on-year jump in revenues despite user numbers in North America and European stagnating.

In North America, the key Daily Average User figure remained at 185m – a level unchanged for a year – while in Europe it dropped for the second successive quarter to 278m.

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Paul Wallbank

Paul Wallbank was news editor at Mumbrella between June 2017 and June 2019. Previously he's covered business and technology issues for outlets ranging from The Australian and Sydney Morning Herald to the ABC and Business Spectator.

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Facebook revenues jump 33% despite no user growth in US and Europe

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