Facebook grows revenue more than 30 percent in Q3, but also posts loss

The company took a number of steps to improve its mobile products during the quarter

By , IDG News Service |  IT Management

During the third quarter, the company also made an e-commerce move with the launch of its Gifts service, which is designed to make it easier for users to choose, pay for and send gifts to friends.

The company also launched several new ad products, and generated 14 percent of its ad revenue from mobile.

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