Facebook generated up to US$20bil in Asean ad revenue in 2024, RM2.5bil from Malaysia alone, says Fahmi

PUTRAJAYA: Social media platform Facebook is estimated to have generated between US$15bil to US$20bil (RM63.7bil-RM84.9bil) in online advertising revenue in the Asean region in 2024, says Datuk Fahmi Fadzil.

The Communications Minister said in Malaysia alone, Facebook generated an estimated RM2.5bil.

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Fahmi Fadzil , Facebook , Revenue , Advertising , Licensing , Compliance , Online Safety Act 2024

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