Facebook Ads
Facebook Ads, now known as Meta Ads, was a paid social advertising platform that allowed businesses to reach their audiences through social media campaigns.
Last updated Oct 11, 2026 by ATDb automated enrichment
AI-drafted from public sources5 sources cited
At a glance
- Employees
- 10001+
- Funding
- $50M
- Revenue
- $130B+ (Meta total ad revenue, 2023)
- Stock
- META
About
One of the largest digital advertising platforms globally, rebranded under Meta to reflect cross-platform reach across Facebook, Instagram, Messenger, and Audience Network
Facebook Ads, now known as Meta Ads, was a paid social advertising platform that allowed businesses to reach their audiences through social media campaigns. The platform ran on an auction system in which advertisers specified an objective, audience, and budget, with Meta's algorithm then determining which ads to show each person based on a combination of bid, estimated action rate, and ad quality, working to deliver ads to the people most likely to act on them. Advertisers could choose from a wide range of ad formats — including photo, video, carousel, slideshow, store, Marketplace, Messenger, collection, and playable — each designed to meet different business and budget goals, with the chosen format determining both placement and audience. The platform allowed advertisers to tailor ads to specific audiences, set business objectives, and track the performance of their campaigns. Source 1: coursera.org — What Is Facebook Advertising? Overview and Benefits Source 2: hootsuite.com — How to advertise on Facebook in 2026: A complete guide
Business model
Auction-based advertising platform
Target market
SMB, Mid-Market, Enterprise
What they offer
Photo Ads
Single image ads designed for brand awareness and direct response campaigns.
Video Ads
Video-format ads for storytelling and engagement across Facebook and Instagram feeds and stories.
Carousel Ads
Multi-image or multi-video format allowing advertisers to showcase multiple products or features in a single ad unit.
Collection Ads
Mobile-first format combining a cover image or video with product images, enabling instant shopping experiences.
Playable Ads
Interactive ad format primarily used by app developers to let users preview an app before downloading.
Messenger Ads
Ads delivered within the Messenger app to drive conversations between businesses and customers.
Marketplace Ads
Ads appearing within Facebook Marketplace, targeting users actively browsing products.
Slideshow Ads
Lightweight video-like ads built from a series of still images, suitable for low-bandwidth environments.
Meta Ads Manager
The central campaign management interface for creating, targeting, budgeting, and measuring ad performance.
Meta Pixel
A website tracking tool enabling advertisers to measure conversions, optimize campaigns, and build retargeting audiences.
Key features
Use cases
Customer segments
Tech & specs
Technology stack
Security & compliance
Deployment
API
Yes
- 2007 · Founded
- 2022Became Meta Ads