Re:Meta Reports Fourth Quarter and Full Year 2022 Results
by avrionov on Wednesday February 01, 2023 @05:10PM
(#34618655)
$5B last year 2022.
https://www.statista.com/statistics/1305708/tiktok-ad-revenu...
Re:Meta Reports Fourth Quarter and Full Year 2022 Results
by toephu2 on Wednesday February 01, 2023 @06:17PM
(#34619553)
TikTok still losing money though
Operating Loss At TikTok Parent ByteDance Topped $7 Billion Last Year, WSJ Reports [1]
[1] https://www.wsj.com/articles/tiktok-parent-bytedance-sees-lo...
Re:Meta Reports Fourth Quarter and Full Year 2022 Results
by coffeebeqn on Wednesday February 01, 2023 @07:45PM
(#34620445)
Their infra is more expensive- all content is decent quality video instead of text and fairly low res images - and from what I can tell the ad network is not very robust. Not too surprising
I wonder what that makes TikTok then? Do we have any insight into how much ad cash Facebook + Instagram generate compared to TikTok?