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Amazon raked in $11.82 billion in ad revenue for the first quarter of 2024, well over analyst expectations, fueled by the ecommerce giant’s move to serve advertising by default in Prime Video in multiple markets. Advertising sales for the quarter, up 24% year over year and a new Q1 record, beat analyst expectations of $11.7 […]
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Amazon Q1 Ad Revenue Leaps 24% to $11.8 Billion, Lifted by Prime Video’s Addition of Commercials
Byf5mag
Apr 30, 2024