Meta says China retailers are reducing digital ad spend
Publishing timestamp: 2025-04-30 23:45:25
Summary
Chinese online retailers have reduced their spending on Facebook and Instagram ads due to Trump's tough trade policy with China. This has impacted Meta's advertising sales in the Asia-Pacific region and its Reality Labs unit. Meta's second-quarter revenue is expected to be in line with analysts' expectations, but there is uncertainty due to ongoing trade discussions.
Sentiment: NEGATIVE
Keywords: business news, breaking news: technology, mobile, alphabet inc, snap inc, social media, technology, internet, meta platforms inc,
Source: https://www.cnbc.com/2025/04/30/meta-says-china-retailers-are-reducing-digital-ad-spend.html