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Amazon is aggressively growing its advertising. Here's everything to know about its ad business

3 monthes ago   |   By Business Insider

Amazon CEO Andy Jassy. Mike Blake/Reuters Amazon's advertising revenue has soared 50% year over year in the third quarter to $8 billion as more people shop from home. EMarketer said Amazon claimed 10.3% of the US digital ad market in 2020, up from 7.8% in 2019 - competing with Google and Facebook for ad budgets. That growth has attracted Walmart, Instacart, Walgreens and other retailers that have joined Amazon in vying for a slice of the ad pie. And under new CEO Andy Jassy, the company has been shaking up its ad business to attract new advertisers that typically buy television. Here's the...
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