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Key TakeawaysKey Takeaways

  • Meta reported a record $165 billion in revenues in 2024, fueled by AI advancements in its advertising business.
  • Overall, 99% of annual revenues were from advertising while its augmented reality division, Reality Labs, brought in the remaining.
  • Chinese giants Temu and Shein were among the company’s largest customers as of Q3 2024, leveraging Meta’s audience of more than three billion users across its platforms.




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Meta 99% ads. Crazy to think all that just to sell products and services

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Crazy thing is, people actually eat that stuff! The other day, I was talking with some friends, and one of them said the ads were actually useful for finding discounts. I was speechless!

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Ads do work for sure but I’m just shocked it’s 99% of their revenue

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Meh... only by the books... the amount of data they have... I am sure they sell it not only to ads providers.

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Profit by "Gossip".

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