4:01 PM Facebook (FB -2.5%) roundup: 1) Facebook has hired ad industry vet Nicola Mendelsohn to be its EMEA VP. Her predecessor, Joanna Shields, left last October. Among the challenges Mendelsohn faces: raising an EMEA ARPU that's still well below North American levels, and ramping mobile ad sales as European smartphone penetration starts approaching U.S. levels. 2) Facebook has 3 of the top 5 most popular free apps on Google Play, per Distimo: the core Facebook app is #1, Messenger is #3, and Instagram is #5. Messenger rival WhatsApp (previous) is #2, and also has the top paid app in the iOS App Store. Read comments
FB price at time of publication: $26.89. Check FB price now »
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Focus Articles on FB
- Facebook Acquires Cloud-Based Platform Parse by Alpha Hunter
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Transcripts on FB
- Facebook's CEO Discusses Q1 2013 Results - Earnings Call Transcript
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