Facebook Advertising Revenue Surges Amid Instagram eCommerce Tab Rollout
PYMNTS
JANUARY 27, 2021
billion in advertising revenue for the quarter, marking a 31 percent year-over-year rise. billion in cash and cash equivalents and marketable securities as of Dec. Facebook, Inc. reported on Wednesday (Jan. The social media company reported $27.19 billion as of Dec. 31, 2020, up 12 percent year over year. Facebook had $61.95
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