In Beijing, the key topic of discussions and debate at the Global Mobile Internet Conference was social networks and media. Although there is a move towards stricter control and stiff competition in the social media industry which is dominated by local companies, global social networks are looking to enter the Chinese homes. Over 600 million Chinese using internet and half …
With higher mobility, social networking giant Facebook’s revenues increase to 72%
With a 72% increase in the profits for the first quarter, social media giant Facebook has put the onus on the strong mobile advertising business. For Facebook, the giant social networking service, mobile advertising is about 59% of the total revenue generated in the first quarter of 2014. Facebook has been focusing on the increase in the growth of the …