“Looking forward to Q2 and the back half of the year, it's certainly an easier compare there as there are tailwinds to year-over-year growth coming from lapping a weaker demand period and then moving into the first full quarter in Q2 without Russia revenue in terms of the comparison relative to Q2 2022.”

In context

“about our relative position. Again, this is just work that we've been doing for a long time that, I think, in conjunction with seeing some stabilization in the macro environment, has enabled us to see that work pay off. And then your second question was about strengths and weaknesses in sort of the Q1 revenue performance as well as in our outlook. In terms of the Q1 revenue performance and the acceleration relative to Q4, we certainly saw stronger demand, including the impact of lapping the Ukraine war, which began in Q1 of 2022. And in particular, we saw acceleration among advertisers in China targeting users in other markets, which we believe was due, in part, to dropping shipping costs and easing COVID lockdowns for those advertisers. And then you've seen FX play a part there as well. Looking forward to Q2 and the back half of the year, it's certainly an easier compare there as there are tailwinds to year-over-year growth coming from lapping a weaker demand period and then moving into the first full quarter in Q2 without Russia revenue in terms of the comparison relative to Q2 2022. And we certainly expect that currency is also going to be less of a headwind than it was in the first quarter. With that said, there's a broad range of expectations captured in our Q2 outlook. And it reflects that we feel it remains a volatile macro environment. The market has absorbed a lot of new developments over the last year with inflation, higher interest rates, banking and stability, et cetera. And it's hard to have perfect visibility on how those dynamics will impact the broader economy and specifically in the advertising markets for Q2 and for the rest of the year. It also continues to be a challenging regulatory environment. So that's something that we're continuing to monitor closely. But on the other hand, we've been pleased with the performance we're delivering for advertis”