Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Nasdaq  >  Facebook Inc    FB   US30303M1027

FACEBOOK INC (FB)

650
Delayed Quote. Delayed Nasdaq - 06/29 04:14:59 pm
85.8 USD   -2.51%
06/28DJAirbnb Raises $1.5 Billion
06/26DJAirbnb Raises $1.5 Billion in One of Largest Private Placements
06/26DJAirbnb Raises $1.5 Billion in One of Largest Private Placements
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 
The feature you requested does not exist. However, we suggest the following feature:

Facebook : opens first African office in Johannesburg

06/29/2015 | 10:34am US/Eastern

JOHANNESBURG, South-Africa, June 29, 2015/African Press Organization (APO)/ -- 29 June 2015 – Facebook (NASDAQ:FB) (http://www.facebook.com) has opened its first office in Africa to further the company's commitment to help businesses connect with people and grow locally and regionally. Based in Melrose Arch, Johannesburg, Facebook's newest business office will be headed by Ogilvy veteran, Nunu Ntshingila, the company's new Head of Africa.

Photo Nunu Ntshingila-Njeke: http://www.photos.apo-opa.com/index.php?level=picture&id=2248 (Nunu Ntshingila-Njeke, Head of Africa, Facebook)

Photo Nicola Mendelsohn: http://www.photos.apo-opa.com/index.php?level=picture&id=2249 (Nicola Mendelsohn, VP, EMEA, Facebook)

Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/facebook.png

Facebook is already an important part of how people and business connect in Africa. This office will support the significant growth in businesses and people using Facebook -- Facebook's active user population in Africa has grown 20% to 120 million in June 2015 from 100 million in September 2014. More than 80% of these people access Facebook from their mobile phones.

“We are inspired by the incredible ways people and businesses in Africa use Facebook to connect. This momentum in Africa comes on top of strong advertiser partnerships and excellent adoption of our products across all regions. In Q1 2015, 52% of our total ad revenue came from outside the US and Canada. But we're just getting started,” says Nicola Mendelsohn, VP, EMEA, Facebook.

“Mobile is not a trend; it's the fastest development in communications we've ever seen. This couldn't be more true in Africa – where so many people are mobile-only. This new office is a significant milestone for Facebook and our teams want to partner with businesses across the continent,” Mendelsohn adds.

“Africa is important to Facebook, and this office is a key part of our strategy to expand our investment and presence across EMEA. Facebook is already a central part of people's lives in Africa, and with more than a billion people in Africa, we want to do more to help people and businesses connect.”

Helping businesses of all sizes to grow

“Our new African office will support our customers across the continent. We know that a one-size-fits-all approach won't work when it comes to building products and solutions that address diverse needs on the continent, which is why we are committed to creating solutions tailored to people, businesses and specifically for African markets,” says Ari Kesisoglu, Regional Director, MEA at Facebook.

Kesisoglu continued, “Our priority for the next few months is to continue the work we are already doing with some clients in this region. We will work more closely with businesses and agencies to understand the challenges, so that we can build solutions that help grow their business. People increasingly want to be connected to the world around them and desire information about new services and products to better their lives. At the same time, businesses need stronger, more flexible and less fragmented ways of reaching people in Sub Saharan Africa. Our mission will be to connect brands and consumers in Africa, creating value for all parties in the process.”

Adds Mendelsohn: “We are delighted we have a strong leadership team in place on the continent led by Nunu Ntshingila, our new Head of Africa. Nunu will join our team in September of this year and work with businesses and agencies across the region.” Nunu helped drive the creation of Ogilvy's network in Sub Saharan Africa, which spans some 27 countries. A graduate of the University of Swaziland and Morgan State University in the US, Ntshingila has also held senior positions at Nike and the South African Tourism board.

Growth markets

Facebook will initially focus on growing its business in anchor countries in the major regions of Sub Saharan Africa: Kenya (East Africa), Nigeria (West Africa), and South Africa (Southern Africa). Other supported territories include Senegal, Ivory Coast, Ghana, Tanzania, Rwanda, Uganda, Zambia, Mozambique and Ethiopia.

Facebook will partner with governments, telecom operators, agencies and other stakeholders to deliver localised solutions to advertisers and users continent-wide. It will continue to focus on tailoring solutions, metrics and ad formats to the needs of customers and advertisers in the mobile-first, mobile-only African environment.

Distributed by APO (African Press Organization) on behalf of Facebook, Inc.

FOR MORE INFORMATION:

Janina Boezaart

Idea Engineers (on behalf of Facebook)

Tel: +27 72 281 2441

Email: janina@ideaengineers.co.za

© African Press Organization, source Press Releases

React to this article
Latest news on FACEBOOK INC
10:34a FACEBOOK : opens first African office in Johannesburg
06/28DJAirbnb Raises $1.5 Billion
06/26DJAirbnb Raises $1.5 Billion in One of Largest Private Placements
06/26DJAirbnb Raises $1.5 Billion in One of Largest Private Placements
06/26DJAirbnb Raises $1.5 Billion in One of Largest Private Placements
06/25 FACEBOOK : Mobile Game Developers Introduce Latest Mobile & Downloadable Gaming ..
06/25 YAHOO : Sullivan says he's joining Facebook as its chief security officer
06/24 FACEBOOK : FB) is Trading Higher on Unusual Volume for June 24
06/24DJEU Launches E-Commerce Sector Probe
06/24 WAL MART STORES : Facebook worth more than Wal-Mart on stock market
Advertisement
Chart
Duration : Period :
Facebook Inc Technical Analysis Chart | FB | US30303M1027 | 4-Traders
Income Statement Evolution
More Financials