An internal audit warned of systemic corruption, yet Meta expanded Chinese ad partnerships that generated billions—much of it tied to fraud.
The report, published Monday, found that Meta generated roughly $18 billion in advertising revenue from China in 2024, around 10% of its global revenue, even as internal documents showed that nearly one-fifth of that (about $3 billion) came from ads … [7304 chars]
Source: Fortune | Published: 2025-12-15T20:08:17Z
Credit: Fortune
