Facebook's Quarterly revenue Boosts By Over 50 percent !!!

Photo source: imovilizate.com

Facebook, the popular social media platform has had an increase in it's quarterly revenue that rose by more than 50 percent.
 Facebook's mobile application and also it's live video features could have being the purpose of it's development in revenue. As advertisers would be interested to spend more on advertising on their platform.
 According to Reuters; the company's shares rose by 9.5 percent in after-hours trading on Wednesday to $118.39 setting it on track to open at a  new high by today Thursday, at nearly tripple it's initial public offering as at 4 years ago.
 They also announced that a new class of non-voting shares would b created in a move aimed at letting Mark Zuckerberg, the CEO of Facebook to giveaway his wealth without losing control of the Social media platform he created.