Why Instagram Pulled Back on Reels and How They Make $50 Billion Per Year
Calvyn Lee Blog
NOVEMBER 30, 2023
Instagram’s Massive Revenue Despite Reels Losses In 2023 alone, Instagram is projected to generate over $50 billion in total revenue. But how does such a simple photo and video sharing app generate over $50 billion per year? For most users, the main goal is gaining followers and popularity rather than earning money directly.
Let's personalize your content