Meta Platforms' advertising revenue in the United States next year, as the social media platform improves monetisation of its products, according to research firm Emarketer.
Why it's important
Instagram's Reels competes with ByteDance's TikTok and YouTube Shorts, as users find short-form videos more engaging, driving marketers to adopt the format at a time when Meta is looking to boost revenue from the product by placing more ads.
Context
If a TikTok ban takes effect in the US, Reels and YouTube Shorts could become attractive alternatives for advertising, potentially boosting Instagram's growth.
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