Facebook Testing The Ability To Cross-Post Instagram Branded Content Reels And Stories To Facebook
Portfolio Pulse from Benzinga Newsdesk
Facebook is testing the ability to cross-post Instagram branded content reels and stories to Facebook, potentially increasing ad revenue and user engagement. This move could benefit Meta Platforms, Inc., the parent company of both platforms.
June 14, 2023 | 3:10 pm
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Facebook's cross-posting feature for Instagram branded content could increase ad revenue and user engagement, benefiting Meta Platforms, Inc.
The ability to cross-post Instagram branded content to Facebook could lead to increased ad revenue and user engagement on both platforms. As Meta Platforms, Inc. owns both Facebook and Instagram, this move is likely to have a positive impact on the company's stock price in the short term.
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