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How does instagram make their money 2024?

Jacob Morris | 2023-04-19 09:54:33 | page views：1874
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Oliver Brown

Works at the International Finance Corporation, Lives in Washington, D.C., USA.
Instagram makes its money from advertising, just like Facebook. Facebook doesn't break out Instagram's financials, but Facebook overall derived about 93% of its fourth-quarter revenue from ads. Ad revenue for the quarter was $3.59 billion, a 53% increase from the same quarter the year before.
2023-04-20 09:54:33
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Ethan Anderson

QuesHub.com delivers expert answers and knowledge to you.
Instagram makes its money from advertising, just like Facebook. Facebook doesn't break out Instagram's financials, but Facebook overall derived about 93% of its fourth-quarter revenue from ads. Ad revenue for the quarter was $3.59 billion, a 53% increase from the same quarter the year before.
How does Instagram make money? - Quora
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