Facebook has defied the predictions made by economists and revealed that its growth isn’t going to stop anytime soon. On Wednesday, the company said that its revenue grew 51% in 2016’s fourth quarter. Zuckerberg’s company was also able to convert 52 cent of every dollar into operating profit. But, before Facebook’s growth stumbles, what’s next?
Last year, Facebook made big bets on video by pushing live videos like crazy. This year things won’t slow down. Instead, the company is expected to invest more money to create its new moneymaking machine. Zuckerberg himself considers video a mega trend.
“That’s why we’re going to keep putting video first across our family of apps and making it easier for people to capture and share video in new ways,” he said.