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Chief Revenue Officer

January 23, 2022 Comments Off on Chief Revenue Officer

Facebook and Microsoft Expand Strategic Alliance enlargement of cooperation in the field of advertising on international markets; Microsoft is involved in Facebook Facebook and Microsoft have announced that they will expand their cooperation in the field of advertising. In addition Microsoft will participate in the next round of funding on Facebook, which value is at $ 15 billion, with $ 240 million. In the framework of the expanded strategic alliance of the two companies Microsoft will be the exclusive third-party advertising platform-offer partner for Facebook, and in the future in addition to the United States and international advertising for Facebook. We are very happy, that we can raise the partnership with Microsoft to the next level\”, says Owen Van Natta, Chief Revenue Officer at Facebook. The extension of the cooperation will help Facebook to innovate in the future and continue to grow as a leader and major player in the area of social computing.

In addition, we can relevant advertising to nearly 50 million active users bring.\” Kevin Johnson, President of platforms & Services Division at Microsoft, commented: Through this investment and the extension of our partnership both Microsoft and Facebook will benefit better from the advertising opportunities around the globe. Cooperation means a win not only for our two companies, but also for our users and advertisers. We have worked well together in the past year and look forward to exciting, joint future projects. The chance to continue to work, as an affiliate together was a key reason that we have decided to participate. \”And it clearly demonstrates our confidence in the long-term profitability of this partnership.\” Facebook growth strong both in the United States as well as international markets as before. Almost 60 percent of Facebook users live outside the United States. With an average 200,000 new users per day, Facebook is one of the most visited sites on the Internet.

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