Is a Facebook Mobile Ad Network on the Horizon?

By Steve Heller – Apr 15, 2013 at 6:00PM

NASDAQ: GOOGL

Alphabet

Market Cap

$1,940B

Today's Change

(0.35%) $0.54

Current Price

$156.01

Price as of April 18, 2024, 4:00 p.m. ET

Facebook Home paves the way for bigger mobile ambitions longer term.

Considering that 60% of Facebook (META 1.54%) users are engaged on a mobile device, mobile has become an area of intense interest for the company. Facebook Home is not only proof that the company is set on mobile, but it paves the way for Facebook to build out a mobile advertising network. In this video, Motley Fool contributor Steve Heller discusses Facebook Home and what it could mean for both Facebook and Google (GOOGL 0.35%).

Erin Miller has no position in any stocks mentioned. Fool contributor Steve Heller owns shares of Google. The Motley Fool recommends Facebook and Google. The Motley Fool owns shares of Facebook and Google. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.