Reuters:

Internal docs: Meta earned $18B+ in annual ad sales from China in 2024, making up 10%+ of its global revenue, with $3B+ linked to fraudulent ads, like for scams  —  A Reuters investigation reveals the owner of Facebook, Instagram and Whatsapp decided to accept high levels of fraudulent advertisements from China.

Reuters:

Internal docs: Meta earned $18B+ in annual ad sales from China in 2024, making up 10%+ of its global revenue, with $3B+ linked to fraudulent ads, like for scams  —  A Reuters investigation reveals the owner of Facebook, Instagram and Whatsapp decided to accept high levels of fraudulent advertisements from China.

Source: TechMeme
Source Link: http://www.techmeme.com/251215/p20#a251215p20