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Facebook is now worth US$190 b

posted Jul 29, 2014, 2:00 AM by Barny CK
July 24, 2014 - Facebook is now worth $190 billion, more than Amazon's market capitalization of $165 billion. The social media giant reported a revenue of $2.91 billion. Following that, Facebook share hits an all-time high of $76.74. Facebook now has 13.2 billion monthly users and 829 million daily users. Out of that, 1.07 billion monthly users and 654 million daily users are mobile users. This has helped Facebook profit from advertising fees, Facebook's prime revenue.