For 2020, Facebook generated a net revenue of $85.96 Billion. Of this, $84.16 Billion(98%) accounts for revenue from ads. With the “App Tracking Transparency” feature in the new IOS update, it is predicted to fall sharply, considering a survey in US in which more than 60% of those surveyed opted out of being tracked.
Shreesha writes about Business, Finance and Tech for The Snippets Journal. He is also the Founder and Head of Content Development.Articles: 192