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Facebook reports $18.69 bn revenue in Q2, sees 10% rise in ad revenue
short by Aishwarya / on Friday, 31 July, 2020
Facebook has reported an 11% year-over-year increase in total revenue in the June-quarter from $16.89 billion to $18.69 billion. The company also reported a rise of 10% in its ad revenue year-over-year to $18.32 billion. It recorded 1.79 billion daily active users (DAUs) on average for June 2020, an increase of 12% year-over-year.
read more at Engadget