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Tag: Search Ad Business


Amazon Could Lead In Search Ad Business By 2020

05

Apr 2018

Amazon Could Lead In Search Ad Business By 2020

Amazon’s fledgling advertising business could grow to around $20 billion in 2020, according to Alex DeGroote, a media analyst at Cenkos Securities. The analyst told CNBC that today Amazon only owns about $3 billion of North America’s advertising market, which represents about 40% of the global total or around $200 billion — but by 2020 he expects Amazon could have an $8 billion share in...

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