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.
More Stories
Why The Arena Group Has, Implausibly, Rebranded Into an AI Company
Droga5’s Cristina Reina to lead LIA’s Non-Traditional Jury
A Bon Viant; The End Of Indie Middleware