Facebook Ad Revenue Could Grow 4.9%

Video Credit: Wochit News
Published 2 weeks ago - Duration: 00:28s

Facebook Ad Revenue Could Grow 4.9%

Facebook's ad revenue will continue to increase this year.

The growth will come, despite the more brands pulling ad campaigns amid the coronavirus pandemic.

Companies are temporary pulling the campaigns only temporarily, in response to the #StopHateForProfit campaign.

Business Insider reports that net US digital ad revenues at Facebook will increase by 4.9% this year to $31.43 billion.

That's about $4.82 billion less than eMarketer predicted in early March.

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