Facebook ad spending to hit $1bn this year

Last Updated on Monday, 16 August 2010 06:20 Written by External Post Monday, 16 August 2010 06:20

Ad spending on Facebook will reach nearly $1.3bn worldwide in 2010 – and is poised to hit over $1.7bn in 2011, according to estimates by ad industry market research firm eMarketer. The bulk of the $1.3bn – $835m – is in the US, which is home to less than
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