Amazon’s latest financial results on Thursday, the online retail giant said that its ad business recorded $12 billion in revenue during the third quarter.
Amazon's online advertising business continues to boom amid growing investor concerns that the Israel-Hamas War could negatively impact the world economy.
Although Meta reported strong third-quarter earnings, the company's finance head Susan Li revealed during a call with analysts that the unpredictability of the Middle East crisis led the company to widen its fourth-quarter guidance.online advertising business continues to boom amid growing investor concerns that the Israel-Hamas War could negatively impact the world economy.on Thursday, the online retail giant said that its ad business recorded $12.
Analysts polled by StreetAccount were expecting Amazon's advertising business to generate $11.6 billion in third-quarter revenue.Investors closely monitor Amazon's online advertising unit, which now accounts for 7.5% of the global digital ad market, according tois still the digital advertiser leader with 28.4% share of the world online ad market, while Meta accounts for 20.1%, the research firm said.
Amazon has been able to capitalize on the digital advertising market due in part to the residual effects of Apple's 2021 iOS privacy update, which hurt the online advertising businesses of social media firms likethis year from Meta to Amazon due to a perceived weakening in the online ad targeting capabilities of the Facebook parent due to the Apple update.jumped 23% year over year to $34.15 billion, which was the fastest rate of growth for the social networking giant since 2021.
Although Meta reported strong third-quarter earnings, the company's finance head Susan Li revealed during a call with analysts that thethird-quarter earnings this week and said that its Google advertising revenue jumped 9% year-over-year to $59.65 billion while YouTube ad sales rose 12% year-over-year to $7.95 billion. The tech giant's overall sales grew 11%year-over-year to $76.69 billion during the quarter.
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。
Lauren Perez and Allie Glines' Brand Incubator Raises $12 MillionThe beauty brand incubator, which specializes in celebrity brands, has raised money from KD Capital.
続きを読む »
A Claude Monet Work Owned by the Same Family for 134 Years Could Fetch $12 Million“The Mill at Limetz,” has never been to market, and was first seen in more than a century at an Art Institute of Chicago show in 2020
続きを読む »
Amazon earnings: What to expect from the e-commerce giantAmazon is scheduled to report earnings Thursday afternoon
続きを読む »
Amazons Attack #1 Review: An Energetic Debut That's Both Timely and TimelessAmazons Attack 1 re-centers global events from Wonder Woman onto Queen Nubia and her people.
続きを読む »
Private equity: Everything you always wanted to know about this $12 trillion asset class but were afraid to askPrivate equity is part of the lives of most Americans — whether they know it or not
続きを読む »
Amazon: Cloud Takes Center Stage Ahead of Keenly-Anticipated Q3 EarningsStocks Analysis by Investing.com (David Wagner) covering: Amazon.com Inc, Amazon.Com, Amazon.com Inc BDR, BNP PARIBAS ARBITRAGE ISSUANCE BV Put 1784.62 USD AMAZON 31Dec99. Read Investing.com (David Wagner)'s latest article on Investing.com
続きを読む »