Coronavirus (COVID-19) lockdowns may need all of us on social media greater than ever, however enterprise isn’t precisely booming for Fb.

Actually, the. COVID-19 pandemic is truly having an hostile have an effect on on income, Fb revealed in a blog post on Tuesday.

“[…] [O]ur enterprise is being adversely affected like so many others all over the world,” mentioned the social media large. “We don’t monetize lots of the providers the place we’re seeing elevated engagement, and we’ve seen a weakening in our advertisements enterprise in nations taking aggressive actions to cut back the unfold of COVID-19.”

[Learn: Fb brings darkish mode redesign to “the bulk” of desktop customers]

Elevated engagement is true: Fb says the full quantity of messages despatched through its platforms (Messenger, Instagram, WhatsApp) elevated greater than 50% during the last month in lots of nations hit hardest by the virus.

Voice and video calling additionally reportedly greater than doubled on WhatsApp and Messenger.