Instagram Drives Nearly 30% of Meta's Revenue in H1 2022
👉 Key Highlights:
📍 Instagram contributed 30% to Meta's revenue in the first half of 2022.
📍 $22 billion revenue from Instagram in 2020, making up 26% of Meta's total sales.
📍 Revenue increased to $32.4 billion in 2021, accounting for 27% of the business.
📍 First six months of 2022 saw Instagram generate $16.5 billion.
📍 Instagram's growth outpaces other Meta platforms, showcasing the app's expanding financial influence.
📍 Meta's acquisition of Instagram in 2012 for $715 million proves to be a lucrative investment.
📍 Meta challenges FTC’s antitrust suit, defending Instagram and WhatsApp acquisitions.
📍 Instagram contributed 30% to Meta's revenue in the first half of 2022.
📍 $22 billion revenue from Instagram in 2020, making up 26% of Meta's total sales.
📍 Revenue increased to $32.4 billion in 2021, accounting for 27% of the business.
📍 First six months of 2022 saw Instagram generate $16.5 billion.
📍 Instagram's growth outpaces other Meta platforms, showcasing the app's expanding financial influence.
📍 Meta's acquisition of Instagram in 2012 for $715 million proves to be a lucrative investment.
📍 Meta challenges FTC’s antitrust suit, defending Instagram and WhatsApp acquisitions.
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