Facebook sees 'significant amount of uncertainty' in 2021 - InvestingChannel

Facebook sees ‘significant amount of uncertainty’ in 2021

Facebook said, “Looking ahead to 2021, we continue to face a significant amount of uncertainty. We believe the pandemic has contributed to an acceleration in the shift of commerce from offline to online, and we experienced increasing demand for advertising as a result of this acceleration. Considering that online commerce is our largest ad vertical, a change in this trend could serve as a headwind to our 2021 ad revenue growth.”