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EU-businesses earned big, using the Facebook apps: Facebook

Nabanita Dutta

News Editor

In a news report, social media giant Facebook said that Facebook apps helped businesses in the European Union to generate more than EUR208 billion last year. To understand the impact of Facebook on the European economy, Copenhagen economics was commissioned to survey more than 7,700 businesses across all industries and sizes in 15 Eu-countries. 6 out of 10 companies said social media is crucial for their businesses.