$META - META COULD BE FACING $7 BILLION IN LOST REVENUE FROM CHINA
Meta could lose $7 billion in ad revenue this year because of the tariffs, according to a new estimate from analysts at research firm MoffettNathanson. Meta doesn't operate its services in China, but advertisers from the country, namely Temu and Shein, buy ads on its platforms to reach customers in the U.S.
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