Facebook Ad Revenue Will Grow In 2020

Facebook Ad Revenue Will Grow In 2020

Business Insider reports that Facebook's ad revenue will continue to increase this year.

The increase will come despite the growing number of brands pulling ad campaigns amid the coronavirus pandemic.

Net US digital ad revenues at Facebook will increase by 4.9% this year to $31.43 billion.

Facebook came under fire from civil rights groups for failing to remove hate speech and misinformation from its platform.

Some businesses paused advertising on Facebook.

However, it's likely that brands participating won't end up quitting the platform in the long term.