Amazon’s earned over $2bn from advertising services during the first quarter of the year, with company leadership describing it as a “bright spot” during its Q1 performance when overall revenue was $51bn.
The e-commerce and online content giant reported that overall revenue increased by 34% year-over-year to $51bn, with Amazon chief executive Jeff Bezos describing the growth of Amazon Web Services as “remarkable“.
Although Amazon does not explicitly state how much it earns from its advertising services, the company reports this revenue stream in its “other” category as part of its net sales breakdown.
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Source: The Drum
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