This is big. A report by Loop Capital has said Amazon’s advertising revenue contribution was now 2.4 times larger than Snap, Twitter, Roku & Pinterest combined.
Amazon’s ad revenue is now twice as big as Snap, Twitter, Roku and Pinterest combined – cnbc.com
Amazon’s “Other” unit, which is primarily made up of advertising but also includes sales related to other service offerings, grew revenue a whopping 77% year-over-year to more than $6.9 billion in the first quarter, the company reported last month. And industry moves like Apple’s recent software changes that make it easier for user to block advertisers from tracking them, look poised to add more fuel to Amazon’s growth. .
Link: Amazon’s ad revenue is now twice as big as Snap, Twitter, Roku and Pinterest combined
via www.cnbc.com