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Instagram Made $20 Billion in 2019

By
Alex Heath
· · Source: Bloomberg

Instagram brought in about $20 billion in ad revenue for 2019, or nearly 30% of Facebook’s total revenue for the year, according to Bloomberg . Since Facebook doesn’t disclose the money it makes from Instagram, the number gives the fullest picture yet of how important Instagram has become to the future of its parent company. I reported in August of last year that Instagram revenue was...

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