Facebook has released its 2017 financial results and revealed its biggest growth opportunity is in social media advertising.
The social media company said it has spent more than €7bn on advertising this year and will spend €15bn in 2021.
The company’s marketing director, Brian Johnson, said it’s a growing and important business and its growth in the coming years will be based on growing the user base and advertising revenue.
The growth is partly down to the fact that more people are using social media to share content and get their news, he said.
He also pointed to the increased number of advertisers using Facebook.
“We’ve got to be mindful that this is the first year we’re doing it on the platform we’re in and that’s the first time we’re going to have a significant number of people accessing it.”
Online ad revenues have been growing rapidly, and they are set to rise further, as the technology continues to evolve and consumers become more social.”
So that’s something we have to work on in the future.”
Online ad revenues have been growing rapidly, and they are set to rise further, as the technology continues to evolve and consumers become more social.
Online advertising is growing faster than other forms of advertising, and is expected to reach $15bn this year, according to comScore data.
The Facebook advertising business was worth more than $10bn last year, with revenues of $3.7bn.
Online ad revenue grew from $5.4bn to $7.4b last year and is forecast to reach more than twice that by 2021, according Facebook.
Mr Johnson said Facebook is a “very attractive place to do business”.
Mr Johnson also said the company is working with its advertisers to deliver better experiences and to give them a better experience of the advertising process.”
It’s an important market for us and it’s going to be a very important growth driver for us.”
Mr Johnson also said the company is working with its advertisers to deliver better experiences and to give them a better experience of the advertising process.
He said Facebook has been working with advertisers to help them achieve better customer experience and a better business.
“What we’re really looking at is building relationships, that’s a big thing we want to do with our advertisers,” he said, adding the company has been able to work with some of its biggest brands.
“But also building up relationships with some smaller brands.
We have relationships with people in the food industry, with people at our retail brands, and with a lot of the people who work at our technology team, and that is really important.”
Mr Miller said the social media audience will grow as more people use Facebook and the advertising business is able to take advantage of that.
“People who aren’t active on Facebook and are looking for a social network, they’re looking for places to share news and things that interest them and that are relevant to them.
They’re looking at things that are on Facebook that they can share and share and be able to get to them quicker.”
They’re looking to share more content that’s relevant to what they’re doing and what their interests are and that helps them connect with people and have a better relationship with them,” he added.
Social media is also used by the elderly and by people who don’t use social media.
In a survey by Ipsos for Business, more than a third of those surveyed said they use social networking to get news and information about their business.
In 2016, more people aged over 65 used Facebook to get business news and updates.
The report found almost one in three people over the age of 65 use social networks to get information about jobs, their businesses and their own health.