{"id":84582,"date":"2023-04-27T00:59:00","date_gmt":"2023-04-27T04:59:00","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84582"},"modified":"2023-04-27T00:36:46","modified_gmt":"2023-04-27T04:36:46","slug":"chinese-retailers-helped-lift-metas-first-quarter-sales-in-a-tough-online-advertising-market","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2023\/chinese-retailers-helped-lift-metas-first-quarter-sales-in-a-tough-online-advertising-market.html","title":{"rendered":"Chinese retailers helped lift Meta\u2019s first-quarter sales in a tough online advertising market"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/META\/\">Meta<\/a> can thank Chinese retailers for helping lift the company\u2019s first-quarter sales after three consecutive quarters of revenue declines. As chief financial officer Susan Li told analysts during <a href=\"https:\/\/www.cnbc.com\/2023\/04\/26\/facebook-meta-q1-earnings-report.html\">the earnings call<\/a>, the social networking giant \u201csaw acceleration among advertisers in China targeting users and other markets, which we believe was due in part to dropping shipping costs and easing Covid lockdown for those advertisers.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/04\/26\/meta-q1-23-earnings-boosted-by-chinese-retailers-buying-ads.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Meta can thank Chinese retailers for helping lift the company\u2019s first-quarter sales after three consecutive quarters of revenue declines. As chief financial officer Susan Li told analysts during the earnings call, the social networking giant \u201csaw acceleration among advertisers [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84582","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84582"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84582\/revisions"}],"predecessor-version":[{"id":84583,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84582\/revisions\/84583"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}