Source: news.google.com
For all of 2022, Meta lost $13.7 billion on the division on revenue of $2.2 billion, up from a loss of $10.2 billion on revenue of $2.3 billion in 2021. The company previously said it expects FRL’s operating losses in 2023 to grow “significantly.” . ” during 2022, as it invests in what it considers a crucial part of its future.
Read More at news.google.com