Amazon trots out YouTube-sized advertising business
Shortpedia
Content Team
Image Credit: Shortpdia
Amazon pulled the veil off its sprawling advertising business for the first time on Thursday, revealing a business larger than that of Google`s YouTube. Amazon reported ad revenue of $9.7 billion for the fourth quarter, up 32% from last year, and $31 billion for the year. YouTube posted $28.8 billion in ad revenue for 2021.
