Facebook, whose core social network operation now has 1.7 billion daily users, gets more than half of its sales from small businesses, a group that is hit especially hard by the Covid-19 lockdown and recession. Photo: Agence France-Presse Facebook, whose core social network operation now has 1.7 billion daily users, gets more than half of its sales from small businesses, a group that is hit especially hard by the Covid-19 lockdown and recession. Photo: Agence France-Presse
Facebook, whose core social network operation now has 1.7 billion daily users, gets more than half of its sales from small businesses, a group that is hit especially hard by the Covid-19 lockdown and recession. Photo: Agence France-Presse

Facebook

Facebook follows Google, signalling online ad pain set to worsen

  • Many of Facebook’s most popular features during the coronavirus crisis, like voice calling and direct messaging, are not major sources of revenue
  • It posted an 18 per cent increase in first-quarter revenue, showing advertising demand was strong before the pandemic hit budgets

Topic |   Facebook
Facebook, whose core social network operation now has 1.7 billion daily users, gets more than half of its sales from small businesses, a group that is hit especially hard by the Covid-19 lockdown and recession. Photo: Agence France-Presse Facebook, whose core social network operation now has 1.7 billion daily users, gets more than half of its sales from small businesses, a group that is hit especially hard by the Covid-19 lockdown and recession. Photo: Agence France-Presse
Facebook, whose core social network operation now has 1.7 billion daily users, gets more than half of its sales from small businesses, a group that is hit especially hard by the Covid-19 lockdown and recession. Photo: Agence France-Presse
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