News Formal

Amazon's ad business is still expanding, but its growth slowed for the second quarter in a row

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Amazon's small but growing advertising business made $3 billion in the second quarter, up 37% year-over-year.

Kevin Mazur/Getty Images for Amazonsimply click here to claim your deal and get access to all exclusive Business Insider PRIME content.

Amazon is gaining traction with advertisers, but the ad business' growth rate was relatively flat with the first quarter, showing that it's not growing as quickly as it was last year. Amazon also increased its own marketing spend for its annual Prime Day sale more than usual, according to data from Kantar and MediaRadar.Marketers increasingly see Amazon as a threat to the duopoly of Facebook and Google, but Amazon's growth rate has slowed in the past two quarters.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon Developing Investment Comedy ‘JNNA’ From Matt Tolmach & ‘Brooklyn Nine-Nine’s Andrew GuestAmazon has put in development JNNA, a half-hour comedy from Brooklyn Nine-Nine writer-producer Andrew Guest, from Amazon Studios and Sony Pictures TV. Written by Guest, JNNA is a half-hour comedy a…
Source: DEADLINE - 🏆 109. / 63 Read more »