Social media revenue growth to slow as TikTok, Apple compete
Wall Street is bracing for the slowest global revenue growth in the history of the social media sector
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Wall Street is bracing for the slowest global revenue growth in the history of the social media sector
LONDON: Wall Street is bracing for the slowest global revenue growth in the history of the social media sector, as intensifying competition from TikTok and Apple in advertising threaten to compound economic woes in the second quarter. The dour expectations come after a blowout 2021, when social media ad sales in the United States grew 36 percent to reach $58 billion as brands
The development is emerging as the intensifying competition from TikTok and Apple in advertising threatens to compound economic woes in the second quarter, , tiktok, apple, social media, revenue
Tel Aviv, Israel (PRWEB) May 17, 2022 -- Moburst co-founders Gilad Bechar and Lior Eldan, and Head of Influencer Marketing Sophia Cohen, have been selected