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Facebook generated $557MM from payments in 2011
Facebook Registration Statement on Form S-1Related Facts:
Zynga currently accounts for about 12% of Facebookâs revenue, much of which comes from payments processing fees more...
"Games revenue in Q1 [2013] benefited from the growth of games launched in the past year, and also from our efforts to increase game distribution, usage, and payments conversion" - Facebook CFO David Ebersman more...
"We offer developers a unique opportunity to drive downloads of their mobile apps. During [Q1 2013] 3800 developers used that to drive nearly 25 million downloads" - Facebook COO Sheryl Sandberg more...
"We're up to 81 of the top-grossing 100 iOS apps, and 70 of the top-grossing Android apps are connected in with Facebook, so we're getting good coverage" - Facebook CEO Mark Zuckerberg more...
"With the exception of our largest partner, Zynga, whose growth hasn't been as awesome as everyone had hoped, the rest of the [gaming] community is actually growing quite well and is quite healthy" - Facebook CEO Mark Zuckerberg more...