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China-based advertisers now account for 10% of the Meta's annual revenue and contributed 5 percentage points to its total worldwide revenue growth (Financial Times) https://ift.tt/RfteqIi

Financial Times:
China-based advertisers now account for 10% of the 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.



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