Mobile Ads: 2 Million Reasons to Buy Facebook Inc. Stock

Summary of the Article

Last year, Google generated more than twice as much revenue as Facebook from mobile ads (from search and third party sites), yet Facebook …

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Facebook recently announced that it now has 2 million monthly active advertisers on its site, up from 1.5 million last July and 1 million in June 2013. That steep growth trajectory makes the social network a significant threat to Google , which Macquarie analyst Ben Schachter estimates has roughly 4 million active advertisers.

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first published: 2015-02-28 13:07:30

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