Amazon's ad business is booming, and there's still room to grow

, but the company outlined where it sees growth for the high-margin business.

Amazon's "other" category, which is mostly made up of its advertising business, generated $4.8 billion in revenue during the quarter, a 41% increase from the year-ago period. During the earnings call, the company's Director of Investor Relations Dave Fildes said ad revenue as a subset has been growing at about the same rate year-over-year in the fourth quarter as it did in the third quarter.

Asked by analysts how the company's ads business is working with brands, Fildes said the company is particularly excited about the Amazon's "stores," allowing a company to customize and curate a multipage digital storefront. Stores

...giving our domestic GDP room to shrink.

Booming, 41% is more then booming! That's exploding.

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Amazon 4Q earnings preview: Analyst commentary leading up to report - Business InsiderThe report stands to reverse some of the negative sentiment sourced from Amazon's last release, which saw profits fall under analysts' expectations.
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

If Amazon issues this warning in earnings, 'watch out below,' trader warnsAmazon's earnings report speaks to the state of the broader technology sector and its budding rivalries, says Neel Shah, senior trader at Peak6 Capital Management. TradingNation There is no such thing as ”bearish” nowdays... Buy stocks the FED and WHO got your backs! neverAredDay again, ever!
ソース: CNBC - 🏆 12. / 72 続きを読む »