That strategy change came as the firms rushed to prepare for last Friday, when President Trump ended a popular trade loophole.

Given that Temu and Shien likely make up most of the company's ad sales from China, Meta's ad sales could be impacted by $7 billion. “China’s importance to Meta’s business cannot be ...

Like other analysts, MoffettNathanson believe Temu and Shien comprise the bulk of Meta's China business, and if those online retailers cut back on their ad campaigns this year, the social ...