China accounted for 10% of Meta’s sales in 2023 as Chinese brands seek global exposure
US-based social network giant Meta Platforms has seen its China-related revenue grow steadily due to strong traction from mainland-based advertisers, as Chinese brands vie for consumers in foreign markets. In 2023, China accounted for 10 per cent of Meta’s total revenue of US$134.9 billion, up from 6 per cent in the previous two years, according … Read more
