Financial Times:

China-based advertisers now account for 10% of Meta's annual revenue and contributed 5 percentage points to its total worldwide revenue growth  —  The US group has benefited from huge but unsustainable outlays from Chinese advertisers  —  Facebook, Instagram and WhatsApp may be banned in China.

Financial Times:

China-based advertisers now account for 10% of Meta's annual revenue and contributed 5 percentage points to its total worldwide revenue growth  —  The US group has benefited from huge but unsustainable outlays from Chinese advertisers  —  Facebook, Instagram and WhatsApp may be banned in China.

Source: TechMeme
Source Link: http://www.techmeme.com/240202/p17#a240202p17