Amazon’s ad business grew 19% in first quarter, topping estimates
A woman cleans the store window of the Amazon house after activists sprayed paint on its logo during a protest on the opening day of the 55th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 20, 2025.Yves Herman | ReutersAmazon reported a 19% increase in online ad revenue in the first quarter, beating analysts' estimates.Ad sales climbed to $13.92 billion, while analysts on average were expecting $13.74 billion, according to StreetAccount.The numbers were contained in Am...
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