Facebook dominates NZ ad spend

Facebook dominates NZ ad spend
Pathmatics CEO Gabe Gottlieb said Facebook is the leader in digital advertising. (Image: Deposit Photos)
Daniel Dunkley
Facebook remains the “ten thousand pound gorilla” in New Zealand digital advertising despite a global boycott of the platform last year, according to data specialists Pathmatics.The social network continues to dominate after some prominent brands withdrew their support during the Black Lives Matter protests and US elections.The Mark Zuckerberg-led platform came under fire for fuelling rising political tensions in America. Global consumer brands, including Unilever, pulled ads. However, the blackout proved to be short-lived.Kiwi comp...

More Editor's Picks

Treasury expects to downgrade forecasts
Economy

Treasury expects to downgrade forecasts

Per capita GDP has fallen 4.6% since the September quarter of 2022.

Rebecca Howard 21 Nov 2024
Bayly to banks: ‘Just get on with it’
Finance

Bayly to banks: ‘Just get on with it’

Minister Andrew Bayly is impatient for the changes needed to improve competition.

Ben Moore 20 Nov 2024
‘Regulatory failure’ let NZ’s payments fall behind
Finance

‘Regulatory failure’ let NZ’s payments fall behind

NZ was the All Blacks of payments, but now barely makes regionals as regulation lagged.

Ben Moore 19 Nov 2024
Retirement sector not out of the woods yet, analysts say
Property

Retirement sector not out of the woods yet, analysts say

Ryman and Oceania will report earnings over the next two weeks.

Gregor Thompson 19 Nov 2024