Facebook barely hurt by 2018 scandals as revenue surges

January 31, 2019 6:27

Social media giant Facebook showed no hint of stumbling after its terrible 2018 with surging profits and increased user numbers in its fourth quarter results.

Facebook reported total revenue was $US16.9bn, up 30% on the previous quarter while monthly user growth grew 2.1% to 2.32bn users.

Subscribe to keep reading

Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.

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.

Topics

Facebook