Facebook and PayPal present their annual results

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asimd17
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Facebook and PayPal present their annual results

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The social network Facebook closed 2013 with a net profit of 1.5 billion dollars (1.103 billion euros), a figure 28 times greater than the profits it obtained in 2012, which were 53 million dollars (39 million euros).

The company's turnover last year amounted twitter data to 7.872 billion dollars (5.788 billion euros), 55% more than in the whole of 2012, when revenues were 5.089 billion dollars (3.741 billion euros).


In the last quarter of the fiscal year, which ended on December 31, Facebook increased its profits eightfold compared to the last quarter of 2012, to 523 million dollars (384.5 million euros). Revenue in that period also grew by 63%, to 2.585 billion dollars (1.9 billion euros).

Facebook founder and CEO Mark Zuckerberg said it was “a great end to the year for Facebook” and said he is looking forward to the next decade “to help connect the rest of the world.”Marketing courses for influencers

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Paypal processes 9 million payments daily
PayPal has announced that it has reached 3 million active accounts in Spain. PayPal works with 26 currencies worldwide, managing 9 million payments every day and has 143 million active accounts in 193 countries.

PayPal is betting heavily on mobile commerce, an area of ​​exponential growth in which the company has already processed more than 27 billion dollars (about 20 billion euros) in payment volumes throughout 2013.

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The general manager of PayPal Spain and Portugal explained that “PayPal’s passion for innovation is increasingly valued by both commercial firms and consumers, and allows us to strengthen PayPal’s leadership position in online payments, increase our commitment to mobile commerce and bring to market solutions that reduce friction in payments in the physical world. We are talking about new models that make our lives easier, for example, placing an order when we are on the way to a café or restaurant, or avoiding long queues at checkout lines or at the box office to see our favourite show, all in a highly secure environment.
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