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ZNGA produced 12% FB revenue
From FB's S-1 Filed today: "Twelve percent of our total revenue in 2011,
and less than 10% in 2010 and 2009, came from a single customer, Zynga.
This revenue consisted of payments processing fees related to Zynga’s
sales of virtual goods and from direct advertising purchased by Zynga. In
May 2010, we entered into an addendum to our standard terms and conditions
with Zynga pursuant to which it agreed to use Facebook Payments as the
primary means of payment within Zynga games played on the Facebook
Platform. Under this addendum, we retain a fee of up to 30% of the face
value of user purchases in Zynga’s games on the Facebook Platform. This
addendum expires in May 2015."
ZNGA produced 12% FB revenue
From FB's S-1 Filed today: "Twelve percent of our total revenue in 2011,
and less than 10% in 2010 and 2009, came from a single customer, Zynga.
This revenue consisted of payments processing fees related to Zynga’s
sales of virtual goods and from direct advertising purchased by Zynga. In
May 2010, we entered into an addendum to our standard terms and conditions
with Zynga pursuant to which it agreed to use Facebook Payments as the
primary means of payment within Zynga games played on the Facebook
Platform. Under this addendum, we retain a fee of up to 30% of the face
value of user purchases in Zynga’s games on the Facebook Platform. This
addendum expires in May 2015."
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