All Sections

View and post jobs in journalism
  • Platforms
  • Publishers
  • Comment/Analysis
  • Editor's Pick
  • Interviews
  • News
    • Broadcast Journalism
    • Digital Journalism
    • Magazines
    • Media Law
    • National Newspapers
    • People
      • Appointments
      • Obituaries
    • Regional Newspapers
  • Press Gazette Podcast
  • British Journalism Awards
  • Press Gazette Email Newsletter

In the news

  • Platforms
  • Publishers
  • Interviews
  • Marketing
  • Editorial standards
  • About/Contacts
  • Advertise/Partnerships
  • Privacy Policy
Close
[mashshare]
Skip to content
  • Editorial standards
  • About/Contacts
  • Advertise/Partnerships
  • Privacy Policy
All sections

Search

Search pressgazette.co.uk

Close

Press Gazette

Subscribe to our email newsletter Journalism email newsletter
  • News
  • Comment
  • Data
  • Platforms
  • Publishers
  • Marketing
  • Awards
  • Jobs
  • Partners

Menu

  • Platforms
  • Publishers
  • Interviews
  • National Newspapers
  • Regional Newspapers
  • Digital Journalism
  • Broadcast Journalism
  • Media Law
  • Magazines
  • Wires and Agencies
  • Obituaries
  • News
  • Comment/Analysis
  • Jobs
  • British Journalism Awards

In the news

  • Platforms
  • Publishers
  • Interviews
  • Marketing
Close
Waitrose Waitrose Food magazine editor William Sitwell steps down after 'killing vegans' reply to freelance pitch
Facebook approved fake political adverts 'paid for' by banned firm Cambridge Analytica in sting by journalists
October 31, 2018
  • Digital Journalism
  •    
  • News
  •    
  • Social media
  •    

Facebook revenue up by a third to $13.7bn as daily active users hit 1.49bn, new quarterly figures show

By Freddy Mayhew Twitter

Share this

  • Tweet
  • Share 0
  • Reddit
Comments
3
Facebook Australia news

Facebook made $13.7bn (£10.6bn) in revenues over the three months to the end of September 2018, up by a third on the same period last year, new quarterly financial figures show.

Advertising made up 98 per cent of the US social media giant’s turnover at $13.5bn, also up a third year-on-year. Of this, mobile ad revenue makes up 92 per cent, up from 88 per cent for the quarter last year.

Timeline

  • April 14, 2021

    Competition watchdog to look at 'subtle ways' to rebalance publisher-platform relationship

  • April 13, 2021

    Facebook rolls out local news section for UK users

  • March 29, 2021

    Daily Mash hit by Facebook anti-misinformation algorithms as publisher Digitalbox reduces losses

Facebook founder and chief executive Mark Zuckerberg said: “Our community and business continue to grow quickly, and now more than 2bn people use at least one of our services every day.

“We’re building the best services for private messaging and stories, and there are huge opportunities ahead in video and commerce as well.”

The number of daily active users on the platform has grown by 9 per cent year-on-year to 1.49bn (average for September), Facebook has said.

It is estimated that more than 2.6bn people now use Facebook as well as its other social networks: Whatsapp, Instagram and Facebook Messenger.

Picture: Dominic Lipinski/PA Wire

SIGN UP HERE FOR

MEDIA MONITOR

Press Gazette's weekly email providing strategic insight into the future of the media

Subscribe

Related Stories

  • Half of UK adults now using social media for news, Ofcom survey finds
  • Gender pay gap figures in full: Conde Nast, Telegraph and Economist groups among worst offenders for pay disparity in UK media
  • Study: 28% of journalists unable to carry out job without social media
  • Regional ABCs: 38 weeklies increase sales year-on-year

Explore these topics

  • Facebook
Browse, search and add journalism jobs
Comments

3 thoughts on “Facebook revenue up by a third to $13.7bn as daily active users hit 1.49bn, new quarterly figures show”

  1. Kanchipuram Sarees says:
    November 17, 2018 at 8:34 am

    I am banned and removed from Facebook for posting the Truth about Muslim Gangs Grooming and raping young girls Facebook hate the Truth and appease these Muslim Scum here in the UK and Europe In my mind it makes Facebook culpable for trying to protect these preying Beasts roving Free amongst us in a Western Society that they hate along with all Infidels Kafir In other words You and I Facebook will eventually have a lot to answer too when we all wake up to this Muslim Danger and planned invasion of the west Ed Hunt

    Reply
  2. Ben Walliams says:
    April 10, 2019 at 9:32 am

    The number of daily active users on the platform has grown by 9 per cent year-on-year to 1.49bn (average for September), Facebook has said.

    Reply
1 2

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

More content

Post a job on Press Gazette

Most Popular

  1. GB News latest signings, schedule and where to watch: In-depth briefing
  2. Sunday Times Prince Philip funeral front page Sunday Times editor apologises for report saying 'secretly we rather enjoyed' Prince Philip 'slitty eyes' gaffes
  3. Facebook Google congress lobbying Daily Mail sues Google over 'rigged' advertising system which 'punishes publishers'
  4. UK Government ditches plans for greater openness with daily TV press briefings
  5. Epoch Times homepage Top 50 largest news websites in the world: Surge in traffic to Epoch Times and other right-wing sites

Latest Jobs

  • Media Officer, Deliberate PR
  • CROPPED New Statesman Media Group logo New Statesman podcast producer
  • Senior Data Journalist/Data Journalist, Capital.com
Facebook approved fake political adverts 'paid for' by banned firm Cambridge Analytica in sting by journalists

© copyright 2021 Press Gazette Ltd. Made in Taiwan.