Meda's 2018 Results: The Year of Efficiency

The Medaverse Reality Labs division has now lost 21 billion since the beginning of last year. That would be Facebook's one division losing the equivalent of an entire Southwest Airlines, or two and a half Hasbro's. The annual revenue run rate across our apps now exceeding $10 billion up from $3 billion last fall. Reels' plays exceed 200 billion per day across Facebook and Instagram.