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  2. Jun 29, 2024 · Meta Platforms (META), the company that owns Facebook, primarily makes money by selling advertising space on its various social media platforms. Those platforms include websites and...

  3. Jun 22, 2024 · So, how does Meta make money, and how does Facebook, in particular, help to pay the bills? Key Takeaways. Most non-subscription online services make their money by hosting third-party advertisements. Facebook and its parent company, Meta, are no exceptions: virtually all their revenue comes from ads.

  4. Nov 29, 2021 · Meta Platforms, formally Facebook, makes most of its money from advertising. Learn more about how they makes money from users and partnerships.

    • Joanne Guo
  5. Feb 6, 2024 · Both Facebook (rebranded as Meta) and Google (rebranded as Alphabet), try to move away (or apparently do so) from ads, still making the most of their revenues from it. In 2021, Alphabet generated over $209 billion or over 81% of its total revenues from ads. Meta generated running on ads, primarily. Meta generated $114.9 billion or over 97% of ...

  6. Jan 9, 2023 · How does Facebook (Meta) make money: Revenue Model. Meta made $133 billion in 2023. Meta’s business model is organized into two segments: Family of Apps (FoA) and Reality Labs (RL). For FoA, Meta substantially generates all of its revenue from selling advertising placements to marketers.

  7. Feb 16, 2024 · Let the money talk Meta generated a notable 134.9 billion U.S. dollars in annual revenue in 2023, the company’s highest ever reported revenue, up from 116 billion U.S. dollars for the fiscal ...

  8. Feb 1, 2024 · Meta Platforms Inc. tripled its profit and posted sharply higher revenue in the final quarter of 2023, boosted by a rebound in digital advertising as well cost cutting and layoffs in what CEO Mark Zuckerberg called the “year of efficiency.”

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