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Facebook’s advertising revenue soars 10.2% to over US$18 billion – Mumbrella

Facebook’s advertising revenue climbed 10.2% in Q2 to US$18.321bn.The results come as many other media organisations, including Twitter, experience dramatic falls in their advertising revenue due to COVID-19.CEO Mark Zuckerberg told investors that he’s “troub…

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Facebooks advertising revenue climbed 10.2% in Q2 to US$18.321bn.
The results come as many other media organisations, including Twitter, experience dramatic falls in their advertising revenue due to COVID-19.
CEO Mark Zuckerberg told investors that hes troubled by the ongoing scrutiny of internet advertising.
Now some also seem to wrongly assume that our business is dependent on a few large advertisers. Now, while we value every single one of the businesses that use our platforms, the bigges…

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