Facebook Ad Revenue To Jump 4.9%

Facebook Ad Revenue To Jump 4.9%

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.

Brands dropped Facebook during the NAACP's #StopHateForProfit campaign.

However, the campaign is just temporary and many brands are already plotting a comeback on the social media giant.

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