4 ms·

Did you read the article? Vietnam's digital ad market was worth some $550 million in 2018 and 70% of that went to Facebook and Google.

• Grimm1 6y ago
  The global digital advertising market is some 240BN and expected to grow to like 500BN by 2024, 550M is an incredibly tiny portion of their overall earnings from digital advertisements. Google's share of that 550M, for instance, would be less than 1% of its revenue from digital ads in 2019. That's not a lot of money for either of those companies.
  • yesplorer 6y ago
    There is no company in the world that will ignore a market offering $1 million daily revenue, more especially in advertising where cost to platform owners like Google and Fb is marginal.
  • BubRoss 6y ago
    200 million per year is a lot of money for anyone. Also if the global ad market doubles, wouldn't facebook capture a lot of that? Also how much more is vietnam growing than other countries?