Amazon’s advertising business is surging amid industry-wide ad sales boom for tech giants
GeekWire
JULY 29, 2021
Amazon’s advertising business continue to grow rapidly as it is now one of the company’s key sources of revenue. Perhaps more importantly, advertising is a high-margin business, helping boost Amazon’s profits that grew to $7.8 (GeekWire Photo). The 87% growth rate is notable; that rate in the year-ago quarter was 41%.
Let's personalize your content