Facebook says Q2 ad revenue was $28.58B, up 56% YoY, with average price per ad up 47% YoY and a 6% YoY increase in ads delivered (Stephanie Condon/ZDNet)

Stephanie Condon / ZDNet:
Facebook says Q2 ad revenue was $28.58B, up 56% YoY, with average price per ad up 47% YoY and a 6% YoY increase in ads delivered  —  The rising price for ads delivered strong top and bottom-line results for Facebook, even as the social media giant continued to warn of “increased ad targeting headwinds.”



from Techmeme https://ift.tt/3zOpFkm

Comments

Popular posts from this blog

Microsoft says it has no plans to add more backward compatible titles for Xbox One, but says Project Scarlett will run games from all four Xbox generations (Tom Warren/The Verge)

An in-depth look at Mike Speiser's investment playbook at Sutter Hill Ventures, who as a founding investor incubated Snowflake Computing as an interim CEO (Kevin/kwokchain)

Indian neobank Jupiter raises a $86M Series C at a $711M valuation, up from ~$300M in August, as it prepares to launch lending and wealth management services (Manish Singh/TechCrunch)