Business
2 reasons Amazon will keep taking ad sales from Google

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
Amazon.com Inc (NASDAQ: AMZN) has quickly gone from $1 billion to $15 billion in ad sales over the last four years as it ramps up its advertising businesses. While it still pales in comparison to Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google, which brought in about 10 times as much ad revenue as Amazon in 2019, Amazon’s eating into the search giant’s share of search ad spending growth. That’s very likely to continue over the next few years as a couple of key factors impact search advertising.
The acceleration of e-commerce
COVID-19 has changed the way we do our shopping. More people are shopping for more…
-
Noosa News22 hours ago
Laidley e-scooter death: Tragic new details after Summah Richards killed in freak accident
-
General23 hours ago
Minjee Lee rallies after third-round meltdown to share fifth place at LA Championship
-
General16 hours ago
Ukraine says Russia has ramped up attacks despite ‘Easter truce’
-
General15 hours ago
Pope Francis appears Easter Sunday to deliver blessing as recovery continues