Last year, Meta had to reckon with an ugly conclusion about its Chinese advertising customers: They were defrauding Facebook, Instagram and WhatsApp users worldwide.
Though China’s authoritarian government bans use of Meta social media by its citizens, Beijing lets Chinese companies advertise to foreign consumers on the globe-spanning platforms. As a result, Meta’s advertising business was thriving in China, ultimately reaching over $18 billion in annual sales in 2024, more than a tenth of the company’s global revenue.
But Meta calculated that about 19% of that money – more than $3 billion – was coming from ads for scams, illegal gambling, pornography and other banned content, according to internal Meta documents reviewed by Reuters.
Meta likes money. News at 11.
Amazon also endorses fraud. Found a product which had a blatant lie in the description and specification pages but do you think I can find the report product button? Absolutely no where to be found.
a doii
Use ublock origin and delete all accounts with meta to protect yourself and your family.
Haha, what a bunch of lol propaganda. It just gets thicker and thicker. Baad baad Chinese, West good :)
Are you illiterate? This post is about meta, an American company. Chinese involvement is meaningless for us in this case
To be fair, Chinese culture here is also fucking terrible. That doesn’t make Facebook or western countries good, because only a child thinks like that.
No, everyone is shit. that’s the adult take away here.
This is literally a post about a western company being terrible.
What did I expect anyway, this is an .ml user after all. Get back to licking genocidal boots I guess.
