Try GOLD - Free
Meta allowed scams to retain China profits
Hindustan Times Amritsar
|December 17, 2025
CHINA SALES OVER $18BN IN 2024
-
Last year, Meta had to reckon with an ugly conclusion about its Chinese advertising customers: They were defrauding Facebook, Instagram and WhatsApp users worldwide.
Though China's authoritarian government bans use of Meta social media by its citizens, Beijing lets Chinese companies advertise to foreign consumers on the globe-spanning platforms. As a result, Meta's advertising business was thriving in China, ultimately reaching over $18 billion in annual sales in 2024, more than a tenth of the company's global revenue.
This story is from the December 17, 2025 edition of Hindustan Times Amritsar.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times Amritsar
Hindustan Times Amritsar
Google Pay eyes credit ecosystem beyond payments
Google Pay has been distributing personal loans on behalf of its lending partners for several years and has now expanded its product suite to include credit cards.
2 mins
December 18, 2025
Hindustan Times Amritsar
Cram school: The benefit factor in a chess league
For some GMs, the Global Chess League can also double up as an idea factory
3 mins
December 18, 2025
Hindustan Times Amritsar
Father at 15: Draft roll data reveals oddities
More than a million voters in West Bengal were born when their parents were less than 15 years of age, data shared by the Election Commission has revealed.
2 mins
December 18, 2025
Hindustan Times Amritsar
US official: Tariff row not why India is excluded from Pax Silica
Top US official Jacob Helberg denied claims that India had been excluded from Washington's new Pax Silica technology grouping due to broader tensions in the US-India relationship.
1 mins
December 18, 2025
Hindustan Times Amritsar
HC rejects plea seeking higher compensation
{ INDIGO CRISIS
1 mins
December 18, 2025
Hindustan Times Amritsar
Gunman charged with 59 offences including murder
Australian authorities charged the surviving gunman in Sydney Hanukkah attack that killed 15 with 59 offences, including murder and terrorism, Bloomberg reported.
2 mins
December 18, 2025
Hindustan Times Amritsar
Snicko reprieve for ton-up Carey in Adelaide Test
The operator of the Snicko technology being used in the Ashes has admitted an error led to a reprieve for Australia’s Alex Carey on the first day of the third Test in Adelaide on Wednesday.
2 mins
December 18, 2025
Hindustan Times Amritsar
Diamonds in the rough: How IPL is changing fabric of our cricket
The number of uncapped players picked up in the auction and money spent is steadily rising as franchise scouting programmes gain currency
3 mins
December 18, 2025
Hindustan Times Amritsar
Gill under injury cloud as fog rules out Lucknow T20I
Shubman Gill's batting form has been the most talking point in the T20 series against South Africa with the opener scoring just 32 runs in first three matches.
1 mins
December 18, 2025
Hindustan Times Amritsar
Global South's rise not against anybody: Modi
The Global South's rise is not aimed against anyone and envisages a world with access to technology, respect for sovereignty, shared prosperity and a global governance structure that reflects contemporary reality, Prime Minister Narendra Modi said on Wednesday while addressing a joint session of Ethiopia's Parliament.
1 min
December 18, 2025
Listen
Translate
Change font size