Your English writing platform
Discover LudwigExact(5)
The company's payment revenue has dwindled over the years, with things like Messenger payments never really seeing significant attention.
Since then, Facebook has grown to 1.79 billion users, yet payment revenue has declined to $196 million.
Now as its desktop payment revenue declines and Messenger grows beyond 1.2 billion users, it has a chance to foster a new games platform.
The fundamental misunderstanding of Facebook's mobile prospects is that it's trying to compete with iOS and Android for in-app payment revenue via HTML5.
Perhaps the only dark spot on its earnings was the continued decline of payment revenue as Facebook's web game platform dies off as users shift to mobile.
Similar(55)
He said this could be why it was experiencing "flat" payment revenues - cash raised by taking a cut of fees charged on its site.
The company highlighted the role of PayPal in expanding their online payment revenues; PayPal had 90 million active users worldwide, adding more than a million accounts per month during the quarter.
Facebook's payments revenue has actually failed to grow by at least 20 percent quarter-over-quarter, noted Business Insider.
Are these payments revenue or are they software development cost?
Payments revenue was flat, overall, in the quarter.
In addition, payments revenue was flat overall in the quarter.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com