Amazon Still Dances With The Stars

If you think business is not booming, then ask Amazon.

The American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence continues to perform beyond expectations.

The company has recently become a powerful player in the online advertising space, and its number doesn’t lie.

Amazon notched up $31.2 billion in ad revenues last year, representing 32% growth from 2020. According to press reports, that eclipses yearly ad sales across the entire global newspaper industry.

Amazon’s results revealed $9.7 billion in ad sales in the fourth quarter alone, a 33% rise from a year earlier.

Today, the group has an ad business bigger than YouTube, owned by Google parent Alphabet (GOOGL).

Readers Bureau

Edited by Jesus Chan

Do you want to add feedback to this story?

Please add a comment in the box below or send an email to,  Call us at 201-500-7715