2 ms·
It's a large market, and more profitable than APAC and RoW per user (just look at the Meta investor presentations which show that it's US, followed by the EU th
by philjohn 2y ago
It's a large market, and more profitable than APAC and RoW per user (just look at the Meta investor presentations which show that it's US, followed by the EU then APAC and RoW[1]).
[1] https://s21.q4cdn.com/399680738/files/doc_financials/2024/q3/Earnings-Presentation-Q3-2024.pdf https://s21.q4cdn.com/399680738/files/doc_financials/2024/q3...
- jahabrewer 2y agoThe slide I see says _revenue_. I think you have to consider cost of revenue too, and these EU fines affect that. So if the EU goes to fines being "% of worldwide turnover"... do the math