Wednesday, September 10, 2008

Facebook Revenue of Virtual Application will Up to 100 Million U.S. Dollars

FacebookEarlier this month, Lightspeed Venture Partners's partner Jeremy Liew had expected, Facebook through the sale of virtual gifts will be as high as 34.5 million U.S. dollars in revenue.

However, the latest report, Facebook virtual gifts only is part of the revenue. And some other independent virtual application revenue even higher than that of virtual gifts revenue. It is estimated that other independent virtual application this year's revenue is expected to reach 55-60 million U.S. dollars, making this year's virtual application revenue reached 85 million to 100 million U.S. dollars.

Moreover, in the next 12 months, this part of revenue will continue to rise, more than 100 million U.S. dollars was inevitable. At present, the virtual currency used throughout all the world. It is reported that China's scale of virtual currency economies is even more than the online advertising market.

Originally Posted: China Business Daily
Author: Angulo Fu