Meta sees more ad spending from China in Q1

Facebook parent reports first sales growth in a year

20230426N Meta logo

The Asia-Pacific is the biggest region for daily active users on Meta's Facebook. © Reuters

YIFAN YU, Nikkei staff writer

PALO ALTO, U.S.-- Meta reported upbeat quarterly results Wednesday after the bell with its first year-over-year revenue growth in 12 months, thanks to robust advertisement spending in China.

For the three months ended March 31, Facebook parent group Meta reported $28.6 billion in total revenue, up 3% on the year.

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