This data is from the third quarter results that have been released by the social network. According to the most recent data that has been released by Facebook, during the third quarter, 14 percent of the ad revenue that it generated came from mobile commerce. This was welcome news for the company after having experienced a difficult previous quarter. In July, after having reported a net loss of $157 million during the second quarter, the social network vowed to make a number of serious mobile commerce changes in order to…
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Facebook to bring its Credits to mobile
Facebook has announced its long anticipated intention to make its Credits currency available to services on mobile devices, and to sidestep app stores with HTML5 support. Though Facebook has taken its time to take a break into m-commerce, its platform will be expanding to include an app store as well as other mobile services. However, it is the Credits digital currency on mobile browsers that will permit content to be sold via mobile device by developers. This may divert smartphone and tablet users from Apple and Google, by providing them…
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