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Facebook 4th-quarter revenue rises 63 percent
January 29, 2014 / 9:15 PM / in 4 years

Facebook 4th-quarter revenue rises 63 percent

SAN FRANCISCO, Jan 29 (Reuters) - Facebook Inc’s revenue increased 63 percent in the fourth quarter, as advertising on its mobile services continued to accelerate.

The world’s No. 1 social networking company said revenue in the last three months of the year totaled $2.59 billion, beating the average analyst expectation of $2.33 billion.

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