3 ms·

Yet, there stock is up over 70-80% last year and I have no idea what they really have to show for it.

• magnio 2y ago
  Their revenue and net income are up 20% and 70% yoy. Apparently we can still sell more ads than what I thought is possible.
  • nradov 2y ago
    It's not necessarily more ads but rather more effective ads. Meta is among the best ad platforms for targeting. Customers pay a premium for this.
    • lostlogin 2y ago
      Sadly, the cancer is still growing.
    • herbst 2y ago
      They also accept every single scam scheme and I am sure these scammers have deep and money pockets after all these successful Facebook campaigns
• sethops1 2y ago
  I honestly wonder if Meta is just cooking the books now. Who are these advertisers ramping up ad spend on that site? And why?
  • herbst 2y ago
    Every time I visit Instagram a slightly different 'Elon Musk invested in ...' or 'Shark Tank approved investment ...' bullshit is within the first 3 posts. This has been line this for at least a few years. I heavily assume Facebook is getting richer from enabling scam