Amazon disappointed investors on Thursday with two alarming top-line figures: an $ 8.9 billion profit in Q1 2021 slipped to a $ 3.8 billion net loss in Q1 this year, its first quarterly loss in the past six years, plus online sales ticked down 1%. Amazon Advertising, however, did not disappoint. “Advertising revenue was up 25% year… Continue reading »
The post Amazon Sales And Profits Slip, But Advertising Powers Along appeared first on AdExchanger.
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