Big Retailers Find Big Profits Imitating Amazon’s Ad Business
Amazon may have started in retail, but its biggest profits now come from advertising and cloud computing, with rivals ramping ...
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Here's the latest on Amazon's $31 billion ad business, which continues to grow despite the economic upheaval
Amazon has become the third-biggest digital advertising company behind Google and Facebook, hitting $31 billion in ad revenue in 2021. In the third quarter of 2022, ad revenue grew 25% year-over ...
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Amazon bulked up its advertising behemoth in 2022 — and it's becoming an even bigger threat to Meta
Amazon's ad business, which generated $9.5 billion during the third quarter of 2022, dwarfed Microsoft and Snap and ranked third behind Google and Facebook parent, Meta. It already stole ad budget ...