Facebook profits up by 130 per cent to $3.6bn in fourth quarter

Dan Worth
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Facebook founder Mark Zuckerberg oversaw soaring revenues in 2016
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Facebook founder Mark Zuckerberg oversaw soaring revenues in 2016

Revenues also surged from $5.8bn to $8.8bn

Facebook has posted quarterly profits of $3.6bn in the final quarter of 2016 - up by 128 per cent compared to the $1.5bn profit it achieved in the same period a year earlier. The profits were generated...

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