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February 18, 2012

Facebook Marketing and Sales Costs grow 132%, Tops $427 million

 Facebook spent $427 million on marketing and sales in 2011, up from $184 million the year before.That growth rate suggests its sales and marketing will easily blow past the half a billion dollars mark in 2012.In 2011 it saw a 46 percent increase in the number of employees in global sales, business development, and customer service