It’s the first time in the history of Facebook that the company’s revenues, not including Instagram, dipped into negative territory.
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Spending on Facebook Ads Declines
Advertising spending on Facebook have fallen 2% since the first quarter of 2018 (as of Q1 this year). However, the company’s Instagram platform experienced a 44% year-over-year-increase, according to the Merkle Q1 2019 Digital Marketing Report. So reports MarTech Series.
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