Amazon’s ad services revenue rises 27%, bringing in more than $14 billion in Q4

February 05, 2024

Amazon generated $14.65 billion from its advertising services in the final quarter of 2023. The figure marks a 26.8% increase from the same period in 2022 – a result better than forecasts predicted by Wall Street. Amazon’s outstanding performance helps to cement the digital advertising industry’s recovery from a challenging start to 2023. The expectation of continued strong ad revenue performance this quarter further supports this optimistic outlook. You can read Amazon’s full fourth quarter 2023 results report for more information

The source of this news is from Search Engine Land