Facebook’s Annual Earnings Report 2019

Facebook's Annual Earnings Report 2019

Karaoke in the time of COVID-19: A global overview {#sec0005} ===================================================

In the present era of coronavirus pandemic, the demand for entertainment has become an important source of information. The global pandemic-related demand for social entertainment has increased massively, as has the need for more accurate estimates on the market demand and sales growth of various social media such as Facebook, Instagram, WeChat, Twitter, YouTube, and TikTok in the time of COVID-19. However, due to many reasons, such as lockdown, quarantine, and social distancing, online activities and social entertainment have been greatly affected by the COVID-19 crisis. Many countries and cities, including New York, London, Singapore, Dubai, Paris, Dubai, and Toronto have imposed restrictions of social entertainment activities, including bars, restaurants, and clubs, due to the increasing risk of catching the COVID-19 infection in communities. Therefore, in times of COVID-19 pandemic, the major challenge for social entertainment companies such as Karaoke is to adapt to the change of online entertainment industry in the absence of other sources of income and revenue.

The number of daily active users of social entertainment sites in the US increased by 14.62%[@bib0050] from January 1, 2020 to April 30, 2020. According to the latest report of the US Federal Trade Commission, the total number of online social entertainment users on the social network platform Instagram increased by 19.98% from January 1, 2020 to April 30, 2020.[@bib0055] The total number of active users in the US social entertainment space was estimated to be 3.6 billion in the fourth quarter of 2019.[@bib0060] The number of daily active users of Facebook in the US reached 13.7 million in March 2020.[@bib0065]

The report of Facebook’s annual earnings announced in April 2020 shows that the revenue from the revenue of the advertising on the Facebook platform increased by 51% from 2018 to the fourth quarter of 2019.[@bib0070] In March 2020, the total revenues of Facebook increased by 19.8% from 2018 to March 2020.[@bib0075]

According to the latest report of the US Federal Trade Commission, the average number of unique Facebook users increased by 49% from 2017 to 2018.[@bib0080]

According to the report on the mobile-driven global

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