Chinese retailers helped lift Meta's first-quarter sales in a tough online advertising market

📆 27-4-2023 05:39:00
📰 CNBC

⏱ Reading Time:
25 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 72%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Meta's first-quarter earnings jumped 3% year over year due in part by Chinese retailers buying Facebook ads.

Kevin Dietsch | Getty Images News | Getty Images

Still, Meta's sales grew only 3% year over year to $28.65 billion during the first quarter, underscoring that there's still turbulence in the digital advertising market. Investors were also keen to hear CEO Mark Zuckerberg preach Meta's "year of efficiency" that will result in some 21,000 employees exiting the company by early summer.that affected technical workers last week and reminded analysts that more job cuts will hit business groups in May.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

Schrijf commentaar

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Meta earnings preview: Can Facebook remain resilient amid online-ad downturn?Meta shares have enjoyed a big rally this year, and the company will put its $500 billion-plus valuation to the test Wednesday when it reports results.
Bron: MarketWatch - 🏆 3. / 97 Lees verder »